In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Today, people pay streaming services such as Netflix (NFLX), Roku (ROKU), Disney+ (DIS), and Amazon Prime for the privilege of harvesting their data. Netflix’s value, in particular, comes from its ability to harvest more and more data.
Read More
Mr. Market, however, thinks Netflix (NASDAQ: NFLX) is losing value. For example, Netflix’s share price fell from $226.19 on 20 April 2022 to $188.54 on 27 April 2022.4
Hence, Netflix (NASDAQ: NFLX) is making less money. However, Netflix’s quarterly revenues grew from $6.644 billion on 31 December 2020 to $7.709 billion on 31 December 2021.
Read More
I think a group of stocks I call the NAMPOF, or NAMPOM, is an excellent alternative to the FAANG.
Read More
Streaming video is becoming the favorite entertainment source of American Couch Potatoes. I have to wonder if broadcast TV can survive with just 25% of the market.
Netflix (NFLX) apparently believes that unleashing that torrent of programming is the way to maintain its position as the number one streaming service. For example, Variety estimates Netflix is America’s favorite source for video content.
Cowen & Co. calculates that 27.6% of American consumers picked Netflix as their primary source of video content. Therefore, Netflix is more popular than broadcast TV (only 17.5% of Americans admitted to watching it), and basic cable (just 20.2% of Americans listed it as a main video source).
In addition Netflix is more popular than YouTube, Amazon Prime, and Hulu combined. To explain, Cowen & Co. estimates that 11.6% of Americans list YouTube as their primary video source, additionally, 5% use Amazon Prime Video and 5.6% use Hulu.
Moreover, there are 130 million Netflix subscribers in the world and 56.71 million subscribers in the United States, Statista estimates. Therefore, Netflix is the world’s biggest paid digital video platform.
Interestingly, just 4.6% of Americans believe premium cable is their primary video source. Under these circumstances, Netflix is America’s most popular television network and most influential entertainment brand.
Read More