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Netflix still wears the streaming crown

New year. Same global dominance for Netflix.Shares of the streaming titan soared 55% in 2017 and have already ...

Posted: Jan 3, 2018 10:40 PM
Updated: Jan 3, 2018 10:40 PM

New year. Same global dominance for Netflix.

Shares of the streaming titan soared 55% in 2017 and have already shot up another 7% in the first two trading days of 2018 to an all-time high. Netflix is now worth nearly $90 billion.

And the party may be just getting started. Investors should be able to just Netflix and chill for the foreseeable future. And by that, I mean sit back and relax. Not that other slang definition for "Netflix and chill" that's a little bit more, uhh, salacious.

Wall Street is still very optimistic about Netflix's future.

Despite current competition from Amazon and Hulu and the looming threat of more streaming options from Apple and the proposed combination of Disney and the movie studios of Twenty-First Century Fox, investors don't seem worried.

Macquarie Research analyst Tim Nollen wrote in a report earlier this week that Netflix is still comfortably in front of all its peers in streaming thanks to tens of billions of dollars invested on content.

Related: 'House of Cards' made Netflix a powerhouse. What now?

"Netflix is miles ahead in terms of programming hours, original content, quality and time spent, and we don't expect this to change. Netflix has won," Nollen wrote.

The popular content includes original programming hits like "Stranger Things," "The Crown" and "Orange is the New Black" as well as licensed shows such as "Daredevil," "Jessica Jones," "Luke Cage" and others based on Marvel-Disney characters.

Nollen added that the upcoming Disney streaming service, which is not expected to launch until another two years from now, won't hurt Netflix either. Disney will be able to take its Marvel movies with it, but the TV shows would stay with Netflix.

That's one reason why Nollen thinks U.S. subscribers should remain loyal to Netflix. He added that the company is also "establishing passion brand status in many international markets."

Nollen also thinks that Netflix has been making some savvy deals with telecom and cable companies to get Netflix content in front of even more viewers.

Related: Disney-Fox and the war with Netflix over streaming

Not everyone is willing to cut the cable cord just yet. And that's why Netflix has inked recent distribution partnerships with French telecom giant Orange, T-Mobile and Israel's Partner Communications to offer Netflix content to their subscribers.

Still, some investors aren't giving up hope that Netflix could wind up cashing in further by selling the company to an even larger rival.

To that end, analysts at Citigroup recently put out a report suggesting that Apple could use some of the $250 billion in cash it currently has sitting overseas -- and that may soon come back to the U.S. thanks to new tax laws -- to buy Netflix.

Investors probably shouldn't hold their breath for a deal though. As long as Netflix continues to rack up more and more subscribers around the world, it seems unlikely that it will need a deeper-pocketed parent to help it expand even further.

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 749097

Reported Deaths: 13745
CountyCasesDeaths
Marion1030271775
Lake554211006
Allen41613691
St. Joseph36933564
Hamilton36505416
Elkhart29347459
Tippecanoe22849225
Vanderburgh22540400
Porter19313325
Johnson18386387
Hendricks17583317
Clark13190193
Madison13111344
Vigo12602253
LaPorte12385221
Monroe12152175
Delaware10947197
Howard10250225
Kosciusko9609119
Hancock8541144
Bartholomew8158157
Warrick7854156
Floyd7763180
Grant7227179
Wayne7154201
Boone6911103
Morgan6735141
Dubois6211118
Marshall6205116
Cass5989108
Henry5893108
Dearborn588878
Noble579786
Jackson508374
Shelby500697
Lawrence4727121
Gibson444093
Harrison440473
Clinton439855
DeKalb438585
Montgomery433890
Whitley405642
Huntington402181
Steuben398659
Miami392568
Jasper386254
Knox375690
Putnam371860
Wabash360583
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Jefferson335685
White329753
Daviess3028100
Wells294881
Decatur289992
Greene286385
Fayette284664
Posey273735
LaGrange272872
Scott269855
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Randolph244683
Washington244534
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Starke227558
Fountain218347
Sullivan213943
Owen210858
Fulton201542
Jay200832
Carroll193420
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Newton112636
Brown103943
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Switzerland8098
Union72810
Ohio57811
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Ohio Coronavirus Cases

Data is updated nightly.

Cases: 1107047

Reported Deaths: 20091
CountyCasesDeaths
Franklin1284921459
Cuyahoga1155972204
Hamilton812991245
Montgomery524821040
Summit48339999
Lucas43303817
Butler38901603
Stark33286929
Lorain25641502
Warren24557303
Mahoning22330601
Lake21135385
Clermont20097252
Delaware18817135
Licking16645222
Fairfield16561204
Trumbull16522479
Medina15593270
Greene15252246
Clark14219306
Wood13280197
Portage13226214
Allen11905239
Richland11598211
Miami10835223
Wayne9116222
Columbiana9020230
Muskingum8889135
Pickaway8649122
Marion8635138
Tuscarawas8633247
Erie8052164
Ashtabula7137179
Hancock6996131
Ross6933161
Geauga6832150
Scioto6528104
Belmont6149174
Union583849
Lawrence5722102
Jefferson5669158
Huron5539122
Sandusky5436125
Darke5415129
Seneca5343126
Washington5308109
Athens523360
Auglaize501587
Mercer487385
Shelby476195
Knox4567112
Madison443765
Ashland435197
Putnam4333103
Fulton431871
Defiance431798
Crawford4033110
Brown401961
Logan387277
Preble3847103
Clinton378466
Ottawa372681
Highland359265
Williams347578
Champaign343658
Guernsey324153
Jackson317354
Perry297150
Morrow291340
Fayette285450
Hardin274865
Henry273267
Holmes2698101
Coshocton268359
Van Wert247264
Adams242856
Pike242735
Gallia240450
Wyandot234556
Hocking220162
Carroll196748
Paulding176342
Meigs148240
Monroe136144
Noble135839
Harrison113638
Morgan109624
Vinton85417
Unassigned03
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