3min chapter

The Town with Matthew Belloni cover image

One Year After the Crash: Is the New Netflix Working?

The Town with Matthew Belloni

CHAPTER

Netflix: The Global All Purpose Streamer

Netflix is spending more than others as you go forward over the next year. Netflix can continue to increase market share, grab subscribers and grow revenue even with relatively flat content spend. The mistake Reed has made was he never assumed all of these companies would lose this much money. I wouldn't be shocked if Disney sold Star TV over the next few years. Like I think the global ambitions of legacy media are dropping very, very precipitously.

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