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Netflix Created Its Own Good Pressure7/12/2020 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. |