Netflix results: the latest episode in a competitive content ecosystem
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The media and entertainment sector is increasingly capturing attention worldwide, with developments and announcements gathering pace. M&A involving media companies recorded a historic high in the first half of 2018, largely driven by mega corporate deals in the US, while investment in original content continues to grow, spurring competition.
Netflix missing its quarterly subscriber forecast was unexpected news for the industry. We took its results – announced on 16 July – as an opportunity to comment on its likely future in a fast-evolving and increasingly competitive content ecosystem.
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