11–20 of 142 posts
What's more shocking to me is that Netflix is worth more than Disney. Just look at the list of Disney subsidiaries[1], then look at how bad the average Netflix original movie is and then tell me if the market caps makes any sense at all. [1] https://en.wikipedia.org/wiki/List_of_assets_owned_by_Disney
Comcast has 15 billion in net income last quarter whereas Netflix had 185 million. And PE ratio of comccast is 19 whereas Netflix is 188. In the future where the cord cutting trend continues and Netflix gains tons of subscribers the valuation might make sense. But for now, I feel this looks like very overvalued.
Sounds like a good time to buy Comcast stock, and/or short Netflix stock. I'm no fan of Comcast (I've been trolling my city's building permit listings, drooling over the small fiber providers inching closer to my neighborhood), but they do still own a ton of physical infrastructure, as well as a massive IP library. Netflix has branding and momentum on their side, but they're also in a much more fragile position.
Comcast has 15 billion in net income last quarter whereas Netflix had 185 million. And PE ratio of comccast is 19 whereas Netflix is 188. In the future where the cord cutting trend continues and Netflix gains tons of subscribers the valuation might make sense. But for now, I feel this looks like very overvalued.
Comcast owns NBC and bunch of cable companies and has an ownership stake in Hulu. Comcast gets your money either way.
Netflix has to spend money on content and only has one way to recoup the cost -- subscriptions. Comcast also produces content via its TV and movie studios but makes money off of content via broadcast networks, cable companies, video on demand, and licensing to streaming companies and pay tv.
This zeitgeist is exactly what cable companies still try to fight against. We no longer need content to be served whenever someone streams it; we need content available whenever we want to access it. For this, we no longer need cable companies; we need internet service providers.
Funny. I think of Comcast as an ISP. I know they provide cable TV, and do everything they can to upsell/bundle it with their Internet access, but to me they're just an ISP. I just checked, and it seems revenue-wise they're still more TV than Internet, but the trend is towards Internet revenue, and in subscriber-count, it flipped in 2015. I'm guessing, though, that the ISP revenue won't grow a ton, whereas the TV reve…
Comcast has 15 billion in net income last quarter whereas Netflix had 185 million. And PE ratio of comccast is 19 whereas Netflix is 188. In the future where the cord cutting trend continues and Netflix gains tons of subscribers the valuation might make sense. But for now, I feel this looks like very overvalued.
What's more shocking to me is that Netflix is worth more than Disney. Just look at the list of Disney subsidiaries[1], then look at how bad the average Netflix original movie is and then tell me if the market caps makes any sense at all. [1] https://en.wikipedia.org/wiki/List_of_assets_owned_by_Disney
I love netflix but have never seen one of their original movies, happy to see them made but that isn't the point of Netflix
Comcast has 15 billion in net income last quarter whereas Netflix had 185 million. And PE ratio of comccast is 19 whereas Netflix is 188. In the future where the cord cutting trend continues and Netflix gains tons of subscribers the valuation might make sense. But for now, I feel this looks like very overvalued.
Comcast has 15 billion in net income last quarter whereas Netflix had 185 million. And PE ratio of comccast is 19 whereas Netflix is 188. In the future where the cord cutting trend continues and Netflix gains tons of subscribers the valuation might make sense. But for now, I feel this looks like very overvalued.
The whole idea of "cord cutting" hurting cable is insane. If you don't subscribe to cable and you subscribe to internet based streaming services, you're still getting content delivered to your home via either a cable "cord" or the phone company. Netflix at most gets $12/month per subscriber. Comcast will get $80 - $110/month for internet service. Comcaast also has either no competitors in their market or at most one.…
What's more shocking to me is that Netflix is worth more than Disney. Just look at the list of Disney subsidiaries[1], then look at how bad the average Netflix original movie is and then tell me if the market caps makes any sense at all. [1] https://en.wikipedia.org/wiki/List_of_assets_owned_by_Disney
I love netflix but have never seen one of their original movies, happy to see them made but that isn't the point of Netflix
What's more shocking to me is that Netflix is worth more than Disney. Just look at the list of Disney subsidiaries[1], then look at how bad the average Netflix original movie is and then tell me if the market caps makes any sense at all. [1] https://en.wikipedia.org/wiki/List_of_assets_owned_by_Disney
I love netflix but have never seen one of their original movies, happy to see them made but that isn't the point of Netflix
It'll increasingly be as the other content producers feel threatened by Netflix and balkanize their content into their own services. Netflix has to convert to more of an HBO model where they have their own quality originals that bring eyeballs, and they're already on their way towards that.