Nomura: Netflix, Amazon ‘Best Positioned’ In The Streaming Wars

CLICK HERE to Read This Article At The Original Source

Netflix Inc. (NASDAQ: NFLX) and Amazon.com Inc. (NASDAQ: AMZN) are the best-positioned companies to take advantage of the movement toward streaming entertainment, Nomura Instinet said in a new look at the industry. While Netflix, the pioneering early giant in the space, and Amazon look best among the companies providing streaming services, Apple Inc. (NASDAQ: AAPL) may have the “most in question” position in the new business, Nomura analyst Mark Kelley said, citing the high price, and relatively small library for the computing giant’s Apple+ streaming service.

Share:

Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About HEDGEaccordingly.com