Nine (NBN)

Interesting take

Seems to me that streaming has largely reached its peak and is now declining

I think that comes from Netflix’s very recent numbers, but we have yet to see significant consolidation or multiple withdrawals of the many streamers in the system, that would signify the end of the industry’s growth phase. Once we see significant movement there, then the stronger players will be left in a more mature industry for the next phase.

That’s definitely a fair assessment

although with the next major recession looming companies like Netflix will have to figure how to actually turn a profit for once rather than just continuing to raise capital on the stock market

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