Video Streaming Companies That Could buy-out #NFLX -Netflix -$NFLX Now. Look for a possible buy-out.
Stocks That Could Be The Next Netflix: Netflix (NFLX) is the world’s most popular video streaming service.
It has more than 167 million paid subscribers spread over 190 countries – and that’s only counting actual subscribers.
In addition to family usage, which could eventually result in new accounts as young ones move out of their childhood homes and into their own houses and apartments, there are lots of people who use Netflix without their own accounts.
According to CNBC, roughly 1 in 5 people borrow the Netflix log-in information from other people. Bloomberg values the lost revenue experienced by pay-TV from password-sharing at roughly $6.6 billion per year and growing.
Netflix Competitors Are Nipping At Its Heels
The point is that Netflix and video streaming, in general, are very popular – but Netflix is not the only streaming service on the market. It has some serious competitors – many of whom offer content that you can’t get anywhere else.
While some people will subscribe to additional providers, research in the Financial Times says that most stop at two services or less and PC Mag says that 75% of people do not plan on adding additional services.
As the world of streaming television develops and free entertainment alternatives are developed (like Pluto TV), the question isn’t whether Netflix will prevail. But who will buy out NFLX.
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