The string of smash successes that Netflix (NASDAQ:NFLX) has had over the last 12 months has been truly impressive. The company has absolutely nailed its strategy of developing its own hit content as a means of differentiating itself from other streaming services. This sets the company up nicely to bring in more subscribers over the long term. However, the company is also facing a rising threat that many investors are overlooking, and it can be summed up in one company: Charter Communications (NASDAQ:CHTR). The company appears on the verge of a veritable buying spree in the cable space, and it appears its motivation isn't the broadcast side of things. Instead, Charter is fixated on the fiber side of the cable business, and that could hold dire future implications for streaming plays like Netflix. In this video, tech and telecom analyst Andrew Tonner breaks down this emerging trend that could cost investors in the streaming space big-time.
- Aug 9, 2013 at 7:10PM
- Consumer Goods