Scott Galloway bluntly predicts major change for Netflix
The New York University professor and popular podcaster forecasts an enduring trend.
Scott Galloway, the podcaster and New York College professor, explained his discover on June 13 that the final well-known battle in the streaming industry used to be a showdown between Netflix and Hollywood — and Netflix had emerged victorious.
By expanding production globally, taking relieve of broadband technology, and capitalizing on cheap funding, Netflix (NFLX) used to be succesful of produce big-scale investments equivalent to Amazon’s device, Galloway explained, leaving competitors unable to retain tempo.
The consequence? A famous shift in cost from archaic studios and leisure expertise to Netflix’s traders and subscribers.
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