posted by mark
on Mon, 08/19/2019 - 12:38
As the old Chocolate City song from George Clinton in the 1970's went - "Gainin' on ya". Netflex is raising prices just as more competition is coming on board and they're losing US subscribers. While Disney is the big and well-capitalized competitor which will soon be nipping at their heels, subscription services are proliferating. There sure will be some carnage in this space.
I don't know about paying that NFLX multiple. It is a little too rich for me, but I'm a value guy. I'll leave the rich ones for someone else!
"Gainin' on ya
Can't you feel my breath, heh"
