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Is Netflix Too Expensive?
If you're wondering what the future of television is going to look like, perhaps you should take a closer look at Netflix. A recent tie-up with Dreamworks is its biggest deal to date concerning original content.
James Doxford, a Sales Trader at Saxo Bank, says it's going to take some time for the fruits of that deal to ripen. But exclusive and original content takes Netflix ahead of the competition.
Netflix's share price has more than doubled since the beginning of this year. James says CFD clients are net short on Netflix and have been for some time. But that position is getting smaller and smaller as the share price rises.
01:11 minutes
Tags: cfd, cfds, content, dreamworks, equity, equity markets, net short, netflix, ondemand, online, owen, owenthomas, programmes, programs, shares, streaming, television, thomas, tradingfloor.com