Netflix (NFLX) to be First $1T Media Company: Here's When
Amid its impressive performance throughout this year, Netflix (NFLX) currently has its eyes on being the first media company. The streaming giant’s stock is up almost 100% year to date. Moreover, experts have placed their faith in the company’s chances to break new ground for media companies. The firm has recently begun a shift toward the live sports streaming realm. That could pay off in a big way, with the company looking to regain a lot of the market share it lost to an influx of competitors emerging over the last decade. Now, some experts are predicting record performances in the coming years. Source: Forbes Also Read: Netflix Eyes $43 Billion in Revenue in 2025 and Here’s Why Netflix Predicted to Reach a $1 Trillion Market Cap: But When? There is no denying that November has been a huge month for Netflix. The media company has increased for seven straight sessions. Specifically, it is up 1.5% Thursday, reaching heights of $924. Moreover, over the past month, it ha...