Netflix Won't Keep Up With Old Media Profits
Netflix is following HBO's business model of creating original content to stay relevant in the media business. But the company doesn't have downstream revenue channels like cable networks or theme parks available to Disney , Time Warner , or Comcast's NBCUniversal. Fool contributor Travis Hoium thinks that will limit Netflix's profit potential and keep it behind old media long-term.
What Netflix has going for it is that Americans reportedly spend nearly 34 hours a week watching television! With television viewing taking up almost as much time as the average work week, the potential for profits in the space is enormous. The Motley Fool's top experts have created a new free report titled "Will Netflix Own the Future of Television?" The report not only outlines where the future of television is heading, but offers top ideas for how to profit. To get your free report, just click here!
The article Netflix Won't Keep Up With Old Media Profits originally appeared on Fool.com.Fool contributor Travis Hoium owns shares of Apple. The Motley Fool recommends Apple, Netflix, and Walt Disney. The Motley Fool owns shares of Apple, Netflix, and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.