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Is this a Netflix problem or a streaming problem?
Channels with Peter Kafka
What Does This Mean for Cable TV?
legacy media companies spent years complaining that neflix was being treated differently than them. Instead of the legacy media industry getting this awesome neflic multiple and having all their shares rise, they brought down netflics. The big question is, if it's all systems go on streaming for rd, how do they convince wall street to re value streaming again? I don't think that's going to happen. There's this sort of a look in the mirror moment going on right now about, what does this mean for us? We're too far in on streaming right? The ship has sailed, i think.
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