Note Regarding Netflix
It appears that Netflix is in discussions with Jack Ma’s Wasu Media to enter the Chinese market. This market is poised to triple to around 90B yuan in the next three years. Needless to say, this will immensely enhance Netflix’s footprint and boost business dramatically.
Typically, talks with Chinese authorities and/or businesses tend to be long and arduous, as we can recall from Apple’s experience with China Mobile. Nonetheless, when completed, they can be a complete game changer ( as evidenced once again by Apple ). As per our previous articles/notes, Netflix is poised to do very well going forward. The timing may be a bit sketchy at the moment but the company is firing on all cylinders and appears, once again, to be miles ahead of competitors. We believe that Netflix remains an excellent long-term investment.
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