Are Streaming Companies Doomed? – ADOTAT with Pesach Lattin

Launching a web-based streaming video service to compete with Netflix was as soon as considered by traders as having an enormous potential upside. Nonetheless, the tide has turned because the market has turn out to be so aggressive that getting cash can take years and within the meantime you would burn by billions in money.

Even in case you do discover success on this area, it should take years earlier than you see any significant earnings and through that point you’ll want important quantities of capital simply to remain…