Netflix & Consumer Streaming Patterns
Last week, Netflix announced its most recent quarterly earnings and needless to say, the markets aren’t happy. Earnings per share was down, user growth was less than expected and the number of US subscribers decreased by over 100,000 users. In this week’s episode of Trading Perspectives, John and Sam talk about how the nature of television is changing yet again. With streaming so easily accessible, how can Netflix stay ahead of the curve? Additionally, is the future of regular cable coming to an end?