What a Wall Street Meltdown Means for the Consumer
The Town with Matthew Belloni
00:00
Introduction
The past 10 years in Hollywood have seen an unprecedented surge in film and television content. Netflix was at one point trading above $500 a share, with investors believing that all that spending would deliver hundreds of millions of subscribers worldwide. Growth is slower than expected and many investors just got out. Almost every entertainment company is struggling, at least in the stock market, down double digits or more.
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