•   News
  •   Social
  •   Market
  • News
  • Bitcoin
  • Cryptocurrency
  • Ethereum
  • Altcoins
  • Blockchain
  • Social
  • Bitcoin Regulation
  • ICO
  • Bitcoin Cash
CoinPath
  •   News
  •   Social
  •   Market
  • Contact
  • Facebook

  • Twitter

  • Pinterest

  • Instagram

  • LinkedIn

  • RSS


Home » cbs »


143,600 Reasons Viacom-CBS Merger Will Crush Netflix

143,600 Reasons Viacom-CBS Merger Will Crush Netflix

ViacomCBS netflix

The Viacom-CBS merger will create a behemoth of streaming content that spells disaster for Netflix. Source: Shutterstock

By CCN Markets: The long-awaited reunification of CBS Corporation and Viacom has finally arrived. After the two entities were split off from each other several years ago, the Sumner Redstone empire has been reconstituted.

And Netflix has yet another juggernaut of a competitor.

Content is King and Viacom-CBS Has Tons Of It

Sumner Redstone has always said, “content is king”. Indeed it is, and with 140,000 episodes of television and 3,600 films in their combined vaults, ViacomCBS now has a boatload of content to attack Netflix with.

Netflix has substantially reduced the amount of content it licenses from third-parties, as those third-parties have created their own streaming services.

Netflix moved almost exclusively to producing original programming a number of years ago.

Netflix Has Money Problems

However, the declining quality of Netflix’s content, as well as the sheer amount of it, and its loss of classic shows, may be starting to dissuade subscribers. The company lost domestic subscribers for the first time in its most recent quarter and is making large, ill-advised deals with comedians.

Netflix has an even bigger problem because it has limited capital. All of its original programming costs billions of dollars, almost all of which is borrowed money.

Netflix does not generate any free cash flow. It burns cash.

ViacomCBS, on the other hand, is in a far better position.

Ed Butowsky, managing partner of Chapwood Capital Investment Management, tells CCN:

“Netflix cannot compete with ViacomCBS’ capital structure. It has diverse revenue streams,

 » Read Full Article «

CCN
CCN
August 14, 2019
Related ItemscbsNetflixNewsOp-EdU.S. Business NewsViacom
cbs
August 14, 2019
CCN
CCN

Related ItemscbsNetflixNewsOp-EdU.S. Business NewsViacom

More in cbs

  • ‘bull’-renewal-proves-#metoo-era-cbs-is-a-sexual-predator-sanctuary
    Read More
    ‘Bull’ Renewal Proves #MeToo-Era CBS is a Sexual Predator Sanctuary

    ‘Bull’ Renewal Proves #MeToo-Era CBS is a Sexual Predator Sanctuary In a stunning display of moral bankruptcy,...

    CCN May 18, 2019
  • 60 Minutes Showcases Potential of DNA and Genetic Genealogy; Opportunity for Crypto Investors
    Read More
    60 Minutes Showcases Potential of DNA and Genetic Genealogy; Opportunity for Crypto Investors

    Throughout the years, 60 Minutes has been responsible for reporting on some of the biggest stories in...

    Hacked October 29, 2018
Scroll for more
Tap
CoinPath
  • Popular

  • Latest

  • anonymity-in-china’s-crypto-yuan-is-bad-news-for-us-lawmakers
    Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers
    ChinaNovember 13, 2019
  • crypto-exchange-news-update-for-1–30-november-2019
    Crypto Exchange News Update for 1–30 November 2019
    ExchangesDecember 2, 2019
  • crypto-developer’s-arrest-for-aiding-north-korea-echoes-eerily-prophetic-2008-nyt-profile
    Crypto Developer’s Arrest for Aiding North Korea Echoes Eerily Prophetic 2008 NYT Profile
    cryptocurrency newsNovember 30, 2019
  • planb:-$1,000,000-btc-prediction-on-track-despite-crypto-‘panic’-–-bitcoin,-xrp,-ethereum-newsflash
    PlanB: $1,000,000 BTC Prediction on Track Despite Crypto ‘Panic’ – Bitcoin, XRP, Ethereum Newsflash
    BitcoinNovember 23, 2019
  • karatbars-proves-its-business-model
    Karatbars Proves Its Business Model
    BlockchainNovember 15, 2019
  • pewdiepie-wants-a-tesla-cybertruck-because-it’s-basically-a-halo-warthog
    PewDiePie Wants a Tesla Cybertruck Because It’s Basically a Halo Warthog
    Elon MuskNovember 23, 2019
  • german-banks-allowed-to-sell-and-custody-crypto-assets-from-2020:-report
    German Banks Allowed to Sell and Custody Crypto Assets From 2020: Report
    businessNovember 29, 2019
  • was-upbit-hack-an-attempt-to-evade-taxes?
    Was Upbit Hack An Attempt To Evade Taxes?
    Altcoin NewsNovember 28, 2019
  • the-pot-stock-crash-will-dent-bitcoin-price,-claims-peter-schiff
    The Pot Stock Crash Will Dent Bitcoin Price, Claims Peter Schiff
    BitcoinNovember 18, 2019
  • planb:-bitcoin-on-course-for-$100,000-after-halving-–-btc,-ripple,-xrp-and-litecoin-newsflash
    PlanB: Bitcoin on Course for $100,000 After Halving – BTC, Ripple, XRP and Litecoin Newsflash
    BitcoinDecember 2, 2019
  • chinese-mining-giant-bitmain-is-working-with-two-consulting-firms-to-up-its-sales-in-south-america
    Chinese mining giant Bitmain is working with two consulting firms to up its sales in South America
    antminersDecember 13, 2019
  • chinese-bitcoin-miners-control-65%-of-the-crypto-network’s-processing-power;-bitmain’s-market-share-continues-to-decline
    Chinese bitcoin miners control 65% of the crypto network’s processing power; Bitmain’s market share continues to decline
    BitcoinDecember 13, 2019
  • coinbase-explored-orchid,-now-it’s-going-to-list-it
    Coinbase explored Orchid, now it’s going to list it
    coinbaseDecember 13, 2019
  • tagomi-is-undercutting-large-crypto-exchanges-in-a-bid-to-lure-active-traders-to-its-platform
    Tagomi is undercutting large crypto exchanges in a bid to lure active traders to its platform
    The BlockDecember 13, 2019
  • franklin-templeton-invests-undisclosed-sum-in-blockchain-startup-proof-of-impact 
    Franklin Templeton invests undisclosed sum in blockchain startup Proof of Impact 
    BlockchainDecember 13, 2019
  • despite-likely-dev-fund-extension,-electric-coin-co.-may-need-to-restructure-its-operations
    Despite likely Dev Fund extension, Electric Coin Co. may need to restructure its operations
    CryptocurrencyDecember 13, 2019
  • the-european-central-bank-hopes-to-get-“ahead-of-the-curve”-on-stablecoins
    The European Central Bank hopes to get “ahead of the curve” on stablecoins
    Christine LagardeDecember 13, 2019
  • facing-regulatory-pressure,-chinese-exchanges-want-to-establish-legitimacy-by-cozying-up-with-one-local-government
    Facing regulatory pressure, Chinese exchanges want to establish legitimacy by cozying up with one local government
    AsiaDecember 13, 2019
  • binance,-paxful-partner-to-bring-bitcoin-to-masses as-the-latter-supports-over-300-payment-methods
    Binance, Paxful partner to bring bitcoin to masses as the latter supports over 300 payment methods
    BinanceDecember 13, 2019
  • robinhood-rolls-out-fractional-trading,-allowing-clients-to-trade-stocks-with-as-little-as-$1
    Robinhood rolls out fractional trading, allowing clients to trade stocks with as little as $1
    cash appDecember 13, 2019
    Sqreen | Runtime Application Protection
    About - Terms - Privacy - Disclaimer - Verification - Contact

    © 2019 CoinPath Pty Ltd
    Made with in Australia

    Samsung at Last Adds Bitcoin Functionality to Its Blockchain Phones
    Bitcoin, Ethereum and Litecoin donations to aid Iran’s flood relief campaign