Streaming giant Netflix (NASDAQ: NFLX) has grown for years to become a titan in the entertainment industry with more than 221 million subscribers worldwide. Let's break down Netflix's cash-flow dilemma and discuss what challenges it could create for the company in this environment of rising interest rates. Netflix has been ratcheting up its in-house content development for years, and it's done a great job if its 27 Oscar nominations at the 94th Academy Awards mean anything. Read More...
Back in 2015, AT&T (NYSE: T) closed its $49 billion purchase of DirecTV to become the country’s largest pay-TV provider. At the time, AT&T believed that acquisition would strengthen its business with a four-way bundle of its mobile, fixed-line, internet, and pay-TV services. AT&T bought Time Warner for $85 billion in 2018 to build its own streaming services, but that expansion was chaotic, costly, and offset the relatively stable growth of its telecom business.