Why Netflix Isn’t Worried That Studios & Networks Are Walking Away

Get the Full StoryDisney is ending its licensing deal. Fox and others are pulling bingeable shows like “Friday Night Lights.” Even so, the streaming giant will remain a colossus.

On Monday, Netflix’s high-flying earnings report revealed that the company now has 109 million global subscribers, which beat analyst expectations and sent the company’s stock to an all-time high of 205.16. But amid all the hoopla, there were those who expressed caution. MoffettNathanson analyst Michael Nathanson warned that as Netflix ups its content spend to as much as 8 billion in 2018, it will see more media companies start to pull their movies and TV shows off the streaming service. These companies, he wrote, are already starting to “arise from their crack cocaine induced slumber to rethink their licensing of exclusive, first run content to Netflix and move that content to their own platforms, Hulu, or VOD.”Read Full Story

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