![]() Getting into these streaming stocks as they bottom could provide profit once deals are announced. In 2023 the leading companies will be able to pick-and-choose from among those now trailing in the market. (Alphabet’s YouTube isn’t a paid streamer, but it has about 2.5 billion users, 11 times more than any of the paid services.) ![]() Since then no company has been spared, not even long-term winners like Alphabet (NASDAQ: GOOGL, NASDAQ: GOOG) and Amazon (NASDAQ: AMZN), which should dominate the business that remains. Then Walt Disney (NYSE: DIS) did the same. The setup for this, of course, comes in the form of falling stock prices.įirst Netflix (NASDAQ: NFLX) fell from grace. Former WarnerMedia (NASDAQ: WBD) CEO Jason Kilar now believes only three streaming platforms will survive the coming merger mania intact. If it surprised you, here’s a second shot at profit. I’ve been writing about a coming streaming crash since 2019. Investors might profit by buying these streaming stocks at their lows, waiting for the inevitable buyout. The industry is about to go through consolidation. This spells trouble for all companies involved in streaming. InvestorPlace - Stock Market News, Stock Advice & Trading Tips However, the amount of ad inventory available quickly overwhelmed the market’s ability to absorb it. As that hope faded, streaming supporters took to promoting the idea of “free” streaming. The hope was that the cable packages of the past might be resurrected online, consumers paying just as much as they formerly did, but paying it directly to programmers. In a world of unlimited content, the limiting factor is time. This site is directed and available to and for the benefit of Australian residents only.Streaming stocks and the surrounding industry is learning what those of us on the printed web learned over 20 years ago. CommSec does not give any representation or warranty as to the accuracy, reliability or completeness of any content on this page, including any third party sourced data, nor does it accept liability for any errors or omissions. The content on this page may not be distributed or reproduced without prior consent and any unauthorised use of the content may breach copyright provisions. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regards to their objectives ,financial situation or needs, and, if necessary, seek appropriate professional advice. ![]() The information on this page has been prepared without taking into account your objectives,financial situation or needs. ![]() CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited. ©Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. This communication is not intended to be distributed outside of Australia. CommSec is not liable for any losses or damages arising out of the use of information contained in this communication. CommSec does not give any representation or warranty as to the accuracy, reliability or completeness of any content including any third party sourced data, nor does it accept liability for any errors or omissions. The content may not be used, distributed or reproduced without prior consent and any unauthorised use of the content may breach copyright provisions. Any comments, suggestions or views presented herein may differ from those expressed elsewhere by CommSec and / or the Bank. CommSec, the Bank, our employees and agents may receive a commission and / or fees from transactions and / or deal on their own account in any securities referred to in this communication and may make investment decisions that are inconsistent with the recommendations or views expressed within this communication. Past performance is not a reliable indicator of future performance. It has been prepared without taking into account your individual objectives, financial situation or needs. All information contained herein is provided on a factual or general advice basis and is not intended to be construed as an offer, solicitation or investment recommendation in anyway. This content is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (the Bank) and a Market Participant of ASX Limited and Cboe Australia Pty Limited. ![]()
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