I think Netflix was often treated as a growth stock too which inflated it's valuation when in reality its just a media company/studio with vertical integration of content delivery. Warner Brothers or Sony might be better comparisons, but it's hard because these companies exist within larger conglomerates.
I suspect Netflix might become a target for acquisition if their stock keeps tanking
While I agree in principle, your last statements make it seem you assume linear deprication is illegal. However, I would guess it would be difficult to win a court fight charging Hastings for that. Investors still need to think a minimum for themselves. The company not acting criminally istn't really sufficient.
My man is cold 🔥
I think Netflix was often treated as a growth stock too which inflated it's valuation when in reality its just a media company/studio with vertical integration of content delivery. Warner Brothers or Sony might be better comparisons, but it's hard because these companies exist within larger conglomerates.
I suspect Netflix might become a target for acquisition if their stock keeps tanking
While I agree in principle, your last statements make it seem you assume linear deprication is illegal. However, I would guess it would be difficult to win a court fight charging Hastings for that. Investors still need to think a minimum for themselves. The company not acting criminally istn't really sufficient.