Why Wall Street Is Dumping Streaming Companies Despite Record Viewers
March 25, 2024
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4:30Now PlayingWhy Wall Street Is Dumping Streaming Companies Despite Record Viewers
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as posted by the channelWall Street is bearish on streaming, but data show Americans are watching and spending way more. Companies like Paramount, NBCUniversal and Warner Brothers Discovery have been dumped by Wall Street investors, as asset managers lose faith in streaming’s ability to turn a profit. But data show that Americans are doubling down on streaming — spending and watching more than ever.
I’ll explain what’s happening in the streaming world and why legacy media companies could be in trouble.
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I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.
#Streaming #Netflix #DionRabouin
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