U.S. Media: The Point of No Return?

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Will media companies, having finally committed to investing in their direct-to-consumer businesses to offset the declining unit volumes in linear TV, realize that there isn’t a pot of gold at the end of the streaming rainbow?”


That’s not exactly a positive intro to the latest U.S. media investor report from MoffettNathanson. But, it’s certainly worth a read, as Senior Analysts Robert Fishman and Michael Nathanson opine that the recent struggles at Netflix mean the business model isn’t as attractive as once thought. And, that’s due to “the intensifying competition for time, attention and consumer spending.”

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