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Stockreport

Consolidation is a 'requirement' in the streaming industry [Yahoo! Finance]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Third Bridge Group sector analyst Jamie Lumley and Manhattan Venture Partners head of research Santosh Rao join Market Domination to discuss what's next for the media giant. Lumley notes that Paramount+ trails behind other streaming competitors, the company might consider Warner Bros. Discovery ( WBD ) or Max as a "good partnership." Rao adds that consolidation has become a "requirement" in the sector as he believes it's necessary to scale. "As we think over the last few years, this streaming space overall has lost billions and billions of dollars. And it's clear that while there might be some companies here which can reach profitability, it is unlikely that all of them will be able to rebuild these streaming companies or these streaming businesses to offset, for the traditional media companies, the declining revenue and earnings that they had on the traditional linear businesses," Lumley says. He adds that bundling services is a way to retain customers and become profitable. Sa [Read more]
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Stockreport

Consolidation is a 'requirement' in the streaming industry [Yahoo! Finance]

Netflix, Inc.  (NFLX) 
More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Third Bridge Group sector analyst Jamie Lumley and Manhattan Venture Partners head of research Santosh Rao join Market Domination to discuss what's next for the media giant. Lumley notes that Paramount+ trails behind other streaming competitors, the company might consider Warner Bros. Discovery ( WBD ) or Max as a "good partnership." Rao adds that consolidation has become a "requirement" in the sector as he believes it's necessary to scale. "As we think over the last few years, this streaming space overall has lost billions and billions of dollars. And it's clear that while there might be some companies here which can reach profitability, it is unlikely that all of them will be able to rebuild these streaming companies or these streaming businesses to offset, for the traditional media companies, the declining revenue and earnings that they had on the traditional linear businesses," Lumley says. He adds that bundling services is a way to retain customers and become profitable. Sa [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS