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Netflix Created Its Own Good Pressure

7/12/2020

 
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Image: Nur Afni Setiyaningrum on Unsplash
​

Netflix is up, way up.  After dropping like everyone else in mid March, the streamer's stock has gained 83% to close at 548.73 USD Friday.  With no sports and no prospects, it's no wonder.  It's also increasing its original content production as rival offerings like Disney+ have entered the landscape.  The big question is, of course, what's the next milestone?

Perhaps this shift in programming consumption will force the cable companies to change their deliveries.  Here's a hint: when the commercials come on, our heads go down and our phones illuminate.  When Joe Buck comes on, we mute the television and stream the radio broadcast.

 
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