DIS is taking their entire offering away from NFLX to stream themselves. NFLX has been spending like crazy- all on the come for outside the US, and plans to double its spending in the upcoming year. Problem is, "everyone" is getting into streaming- Amazon, YouTube, Google, facebook, etc.
Thanks for the thought.
I have 2 shorts on and they are performing today: BBOX - 4.69% & IMAX - 1.13.%
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.