'I don't think anybody can catch them' — former NBC executive says Netflix is too far ahead [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
'I don't think anybody can catch' Netflix: Former NBC executive Netflix "I think Netflix has won, and I don't think anybody can catch them," he said on "Squawk Alley The streaming giant reported that it again beat subscriber growth projections Rogers shrugged off the fact that the streaming giant did not meet revenue projections in the fourth quarter, calling it a "small" miss. Networks founder Kay Koplovitz, who appeared on "Squawk Alley" with Rogers, said Netflix's direct relationship with its approximately 144 million customers is key. Traditional media giants are planning to roll out their own platforms, but it will take time to catch up because they are entering a world where they will need to "transfer to a direct-to-consumer in order to survive." "[Netflix has] a lot of data on these consumers, and they're way ahead of the competition that is coming into the marketplace with new direct-to-consumer," she said. New market entrants will have to mull whether they want to run adver
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CMCSA
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- 1/25/24 - Beat
CMCSA
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- 4/15/24 - Form 8-K
- CMCSA's page on the SEC website