STREAMING NOW: Watch Now

Netflix still wears the streaming crown

New year. Same global dominance for Netflix.Shares of the streaming titan soared 55% in 2017 and have already ...

Posted: Jan 3, 2018 10:40 PM
Updated: Jan 3, 2018 10:40 PM

New year. Same global dominance for Netflix.

Shares of the streaming titan soared 55% in 2017 and have already shot up another 7% in the first two trading days of 2018 to an all-time high. Netflix is now worth nearly $90 billion.

And the party may be just getting started. Investors should be able to just Netflix and chill for the foreseeable future. And by that, I mean sit back and relax. Not that other slang definition for "Netflix and chill" that's a little bit more, uhh, salacious.

Wall Street is still very optimistic about Netflix's future.

Despite current competition from Amazon and Hulu and the looming threat of more streaming options from Apple and the proposed combination of Disney and the movie studios of Twenty-First Century Fox, investors don't seem worried.

Macquarie Research analyst Tim Nollen wrote in a report earlier this week that Netflix is still comfortably in front of all its peers in streaming thanks to tens of billions of dollars invested on content.

Related: 'House of Cards' made Netflix a powerhouse. What now?

"Netflix is miles ahead in terms of programming hours, original content, quality and time spent, and we don't expect this to change. Netflix has won," Nollen wrote.

The popular content includes original programming hits like "Stranger Things," "The Crown" and "Orange is the New Black" as well as licensed shows such as "Daredevil," "Jessica Jones," "Luke Cage" and others based on Marvel-Disney characters.

Nollen added that the upcoming Disney streaming service, which is not expected to launch until another two years from now, won't hurt Netflix either. Disney will be able to take its Marvel movies with it, but the TV shows would stay with Netflix.

That's one reason why Nollen thinks U.S. subscribers should remain loyal to Netflix. He added that the company is also "establishing passion brand status in many international markets."

Nollen also thinks that Netflix has been making some savvy deals with telecom and cable companies to get Netflix content in front of even more viewers.

Related: Disney-Fox and the war with Netflix over streaming

Not everyone is willing to cut the cable cord just yet. And that's why Netflix has inked recent distribution partnerships with French telecom giant Orange, T-Mobile and Israel's Partner Communications to offer Netflix content to their subscribers.

Still, some investors aren't giving up hope that Netflix could wind up cashing in further by selling the company to an even larger rival.

To that end, analysts at Citigroup recently put out a report suggesting that Apple could use some of the $250 billion in cash it currently has sitting overseas -- and that may soon come back to the U.S. thanks to new tax laws -- to buy Netflix.

Investors probably shouldn't hold their breath for a deal though. As long as Netflix continues to rack up more and more subscribers around the world, it seems unlikely that it will need a deeper-pocketed parent to help it expand even further.

Terre Haute
Clear
63° wxIcon
Hi: 77° Lo: 45°
Feels Like: 63°
Robinson
Clear
60° wxIcon
Hi: 78° Lo: 44°
Feels Like: 60°
Indianapolis
Partly Cloudy
62° wxIcon
Hi: 74° Lo: 47°
Feels Like: 62°
Rockville
Partly Cloudy
64° wxIcon
Hi: 76° Lo: 44°
Feels Like: 64°
Casey
Clear
66° wxIcon
Hi: 77° Lo: 47°
Feels Like: 66°
Brazil
Clear
63° wxIcon
Hi: 76° Lo: 45°
Feels Like: 63°
Marshall
Clear
63° wxIcon
Hi: 78° Lo: 45°
Feels Like: 63°
Clear & Cool
WTHI Planner
WTHI Temps
WTHI Radar

Latest Video

Image

The COVID-19 booster shot

Image

Vigo County Veteran's Court graduates 40th member

Image

A little rain chance - and then nice. Here's look at the weekend forecast

Image

Terre Haute church works to collect items for evacuated Afghan kids

Image

The Paris Honey Bee Festival

Image

Explore Wabashiki

Image

Pow Wow Day in Vigo County

Image

Daviess County offers $5,000 to people to move to the community

Image

Workforce Fit

Image

Duke Energy plans to bring solar farms to Sullivan County

WTHI Events

 

Illinois Coronavirus Cases

(Widget updates once daily at 7 p.m. CT)

Cases: 1608825

Reported Deaths: 27176
CountyCasesDeaths
Cook61448710970
DuPage1040741359
Will874621090
Lake772361061
Kane65993851
Winnebago39106545
Madison38249578
St. Clair35065570
McHenry33116316
Peoria26021362
Champaign25923183
Sangamon24663271
McLean21935208
Tazewell19792326
Rock Island17877346
Kankakee16821235
Kendall15501107
Macon14525244
LaSalle14520275
Vermilion13288190
Adams12718148
DeKalb11695129
Williamson11483159
Whiteside7925176
Jackson772889
Boone761282
Coles7381113
Ogle715787
Grundy702881
Franklin691399
Clinton682098
Knox6677164
Marion6559138
Macoupin649399
Henry624074
Jefferson6086132
Effingham608582
Livingston572896
Woodford555191
Stephenson548889
Randolph530297
Monroe509199
Christian493980
Fulton489670
Morgan488196
Logan478674
Montgomery469276
Lee459558
Bureau428388
Perry415871
Saline411764
Fayette401358
Iroquois395873
McDonough356256
Jersey323153
Shelby315643
Douglas307336
Crawford306030
Lawrence301931
Union297147
Wayne274657
White266830
Richland263255
Hancock258434
Pike256856
Clark251938
Cass251528
Bond244424
Clay240747
Edgar236345
Ford235656
Warren226061
Carroll225837
Johnson214424
Moultrie212431
Jo Daviess206926
Washington206227
Wabash201616
Greene200939
Mason200151
Massac199544
De Witt196330
Piatt191414
Mercer191234
Cumberland179325
Menard159812
Jasper153118
Marshall134921
Hamilton129521
Brown10198
Pulaski98711
Schuyler9728
Edwards96615
Stark77027
Gallatin7496
Scott6975
Alexander67811
Henderson65614
Calhoun6452
Hardin56114
Putnam5454
Pope4845
Unassigned1892432
Out of IL80

Indiana Coronavirus Cases

(Widget updates once daily at 8 p.m. ET)

Cases: 944708

Reported Deaths: 15343
CountyCasesDeaths
Marion1287051987
Lake634321097
Allen53759760
Hamilton43980448
St. Joseph42010590
Elkhart33651491
Vanderburgh30486449
Tippecanoe26872250
Johnson23685417
Hendricks22354341
Porter21799347
Clark17493231
Madison17439384
Vigo16209284
Monroe14515191
LaPorte14350239
Delaware14134222
Howard13921273
Kosciusko11448135
Hancock10886166
Warrick10715177
Bartholomew10589169
Floyd10471206
Wayne10020226
Grant9165204
Morgan8895160
Boone8417111
Dubois7748123
Dearborn764990
Henry7648130
Noble7435101
Marshall7384128
Cass7209117
Lawrence6999153
Shelby6616111
Jackson659186
Gibson6177107
Harrison606286
Huntington603195
Montgomery5830105
DeKalb578391
Knox5506104
Miami545788
Putnam540568
Clinton535965
Whitley526553
Steuben499768
Wabash486292
Jasper481860
Jefferson472892
Ripley456077
Adams445568
Daviess4209108
Scott407965
White392957
Clay392857
Greene390592
Wells388784
Decatur385996
Fayette377278
Posey361541
Jennings354356
Washington333747
LaGrange323575
Spencer319536
Fountain317955
Randolph314889
Sullivan308449
Owen284863
Starke281464
Fulton280054
Orange276859
Jay256338
Perry252552
Carroll244929
Franklin240538
Rush235630
Vermillion234450
Parke221020
Tipton210555
Pike209539
Blackford169634
Pulaski165551
Crawford146718
Newton145245
Benton143516
Brown135546
Martin129317
Switzerland126210
Warren115516
Union97711
Ohio80111
Unassigned0479