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Netflix Shakes Up Disney And Other Media Companies

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Disney, Comcast, CBS and other traditional media companies are frustrated that investors have given Netflix a seemingly unfair advantage. The more Netflix spends on content, the more its shares go up. CNBC's Alex Sherman explains how Netflix's strategy is shaking up traditional media companies. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Netflix Shakes Up Disney And Other Media Companies | CNBC
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Text Comments (561)
BLACK KENNEDY BLK (5 days ago)
Those media conglomerate are so dumb. Netflix can easily die if those big media conglomerate companies stop selling their shows, series, movies and documentaries to Netflix. At the end of the day, majority of Netflix contents still coming from those big media conglomerate. That the reason why Netflix is putting huge amount of money to produce original content, because they know when the Walt Disney company and others going to fully set up their own streaming services and lock any opportunity at Netflix to get their content again, it's gon be tough for Netflix to make it ! ... But yes I agree it's kinda too late now Netflix is way ahead now when it's come to streaming and have too much money to be prepare for the lockdown !
Irwan Ramli (4 months ago)
You only have 24 hours a day and only a portion of that spent on entertainment. If you spend more on netflix, you will spent less on other type of entertainment. When you realize that, theres no point to subscribe to other services. Thats why netflix spend a lot on content.
Who let The Dogs out? (6 months ago)
No Hope Equals no fear (6 months ago)
Want to save $135.00 every month? Cancel cable
No Hope Equals no fear (6 months ago)
Cable tv is dead.
Nebby and The cosmog revolution (6 months ago)
Hey Netflix! *snaps fingers* where the anime you promised huh?
Trowa Barden (6 months ago)
wow these company already won net neutrality, yet they still want to attack netflix though their media.
badreality2 (6 months ago)
Amazon realizes that sports content is so overdone with cable and sattelite packages formed around how many sports channels, a person can view, that funding other content people want, is the right way to receive a larger market share.
Arnold Davis (6 months ago)
Breaking news Netflix sucks not worth $11 a month for old .movies
SyemManuys Brods (6 months ago)
Goodbye TV Networks 😂😂 just kidding 😇
Rhinopocalypes (6 months ago)
I got Netflix for free, yay
Arturo Torres (6 months ago)
Lol Netflix is going down because of Obama lmao. BYE netflix you lost a patron.
Mr Tower (6 months ago)
Not netflix , the internet
Ryan Sikhira (6 months ago)
Netflix stuff is high quality🦁
Zaden Buria (6 months ago)
Netflix has a lot of terrible original series and movies. I would prefer if it had more blockbuster films instead of lackluster original content. It is still a thousand times better than trash tv cable and the absurd amount of commercials you have to endure for still crappy shows or movies you didn't watch from the start anyway.
Zackary Erickson (6 months ago)
And a lot of Netflix's shows are not that good...
Spagitster (6 months ago)
Haters will say it's biased
Risky Rismawan (6 months ago)
Whatever, at least there's no TRASH on Netflix, y'all argee??
Hadal Yelruh (6 months ago)
Derp Face (6 months ago)
Wonder if this could be bias coming from one of the companies against Netflix...
John Guijt (6 months ago)
Netflix will be challenged when Disney launches their streaming service somewhere in 2019/2020, and bring all Disney related content exclusively towards their platform. I'm certain, that I will be one of their subscribers, because I'm a huge Star-Wars and Marvel fan, and because those two brands belong to the Walt Disney company, they are going to bring me all the content related to that.
Ruhan Kasumi (6 months ago)
I hope Netflix rapes the media industry
Evan Privett (6 months ago)
*you're* attakcing the media industry roasted
Cosmic Soul (6 months ago)
If you can't fight join them. Haha
Vite Vega (6 months ago)
I had left cable for Netflix, funny story is I came back to cable. But it's because they made an offer of ad free content and an Netflix like app which also includes live TV for when I want to watch news cast or a sports event. The most amazing thing is they knew I was subscribed to Netflix because that what I had told them when I downgraded to a internet only plan. 8 years later they called offered to increase my speed and add cable TV with the before mentioned Netflix like feature at the same price I was paying. So I went back to cable TV... But I guess they adjusted in my country.
Time Chatchai (6 months ago)
In my opinion, all of the companies needs to stay on to keep the name of entertainment in the movies and the series industry going
Prince Vegeta (6 months ago)
You can get Amazon Prime, Netflix, YouTube TV and Hulu all together and it would still be cheaper than cable
Ricky Chrysler (6 months ago)
Not gonna lie. Netflix will probably save this world by screwing all of you media franchises. What do you expect when you spread lies and fear throughout your networks. This is what happens when you mess with Karma. It will come back to get you. May Netflix keep up its good work.
FLUFFMASTER1196 (6 months ago)
Netflix originals are 80% garbage
Karan Minhas (6 months ago)
FLUFFMASTER1196 but 20% great, i can live with that...😎😎😎
Kyle Roy (6 months ago)
They’re not attacking anyone. They’re just good at what they do and you’re losing money.
TV movieclips (6 months ago)
I looove Netflix originals but I need season 2 Everything Sucks
hackableification (6 months ago)
all these cable companies are greedy. they get money from ads so why in the world should we pay on top of that to be able to watch it. what a load of crap, I'm not paying to watch ads, it's a complete rip off.
Cody Ortiz (6 months ago)
It shows that when companies get greedy the people make a change and that change is netflix! Used to pay close to $200 for DirecTV and never used it, when i switched to Netflix best decision ever ! Now i can spend that $180 on weed!
Maen Marashdeh (6 months ago)
Netflix is playing the long game while you think about profits thier thinking about keeping their consumers happy and getting new ones on the way Amazon did it now their about to become the second most valuable company in the world
Bradley Beyer (6 months ago)
This is also why a lot of the big companies are starting to pull their content from Netflix and start their own streaming options.
Bless Brazy (6 months ago)
And that Phrase "Netflix & Chill" really help push Netflix around the young generation.
Mohamed Anees (6 months ago)
Most of Netflix’s original content are crap...
DANNY THA MAN (6 months ago)
Nobody has cable. Netflix and smart tv are in
Arindam Chatterjee (6 months ago)
Media companies should stop whininng about Netflix. It's them who offered mediocre contents with inflated price for a long period of time.
faandean (6 months ago)
Netflix gives us better content and no ads for low price. Thats what you guys can't give us. So yeah, we go for Netflix instead.
Jackie (6 months ago)
Netflix is alright , amazon too. But for now, I’m on Hulu. I believe Netflix will raise their prices soon though. Other competitors are Asian drama websites such as Viki and dramafever
cyber elf (6 months ago)
By the way there aren't old movies. Such as robo cops series
amstevens23 (7 months ago)
I watch Netflix more than I watch TV.
Mitchell Quartero (7 months ago)
I love Netflix
Bailey Henderson (6 months ago)
Frsh JCP jcp are going to attack e commerce technology entertainment
Orppranator (7 months ago)
And you all are going to die to the giant that is alt media.
Christopher Dang (7 months ago)
What I'm worried about is if traditional media companies start to turn their back on Netflix in favor of their own streaming service. We already see this with Disney planning on releasing their own streaming service. Part of the reason Netflix spends so much money on Original Content is of course to lose its dependency on traditional media, but we love Netflix because it is our "one stop shop" for a lot of TV shows/movies. If everyone and their mother end up with their own streaming service with distinct original content (ex: Disney, which would include Pixar & Marvel content); we'll basically be back to the cable model but in a digital format... I hope I'm wrong, but copyrights are a huge part of the entertainment industry so it's possible.
ghost (7 months ago)
media deserve what it done.foolish program.lot of advertisement
Ken Free (7 months ago)
Netflix is another worthless bubble will fade away soon. Soon there will be other companies that will destroy today’s bubbles AMZN FB NFLX AAPL and other US stock bubbles.
Ken Free (7 months ago)
Netflix is a BUBBLE.
Corvette Dude (7 months ago)
But I still can’t find anything worthwhile to watch on Netflix
Patrick Kucera (7 months ago)
Companies with a history or lazy product development and overcharging customers say they are under attack. How can you be so myopic ffs Keep blaming everyone else. Enjoy your bankruptcy
Kevin Wilson (7 months ago)
For people who don’t even care or like sports like myself, I don’t watch anything on the TV. I don’t pay for cable at all. I have Netflix, Hulu, Amazon Prime, Twitch, YouTube, and Crunchyroll. All of these combined save me more money.
Jason Wockenfuss (7 months ago)
Can't wait when Netflix gets Live TV or Gaming subscriptions
Yvonne Hoff (7 months ago)
Not Today (7 months ago)
Cable is expensive.
Adler Davidson (7 months ago)
u scared, CNBC?
Federico Olivares (7 months ago)
Meh, got bored, gonna go watch a netflix show
chandrakant geology (7 months ago)
I love Netflix the way it is n I don't want any regulation of Netflix that may go against the costumers...
yesismemom nahjustyouimagination (7 months ago)
With move like net neutrality they are trying to put a stop to it.....
Tony Bone (7 months ago)
Disney are buying fox so is tons of content available on there own streaming service that's coming soon
Jose Brito (7 months ago)
No one likes having ads, on anything, including TV. The on demand service is just icing on the cake
Nash Lantey (7 months ago)
I watch Netflix everytime... No need for TV
Ealaf Adam (7 months ago)
Ima go watch Netflix now
emi greneby (7 months ago)
Mfw i jus get a new trial account every month. It literally only costs 1 dollar a month then
Naum Rusomarov (7 months ago)
Gets the worlds smallest violin.
345boneshoss (7 months ago)
This is why I pay for Netflix. I love the company for what they do.
Andre Hill (7 months ago)
Traditional tv is failing because it has started to fall short. Too many commercials, not enough racial diversity, and the worst part for me, hardly any interesting original content. Almost everything on tv or in theaters is literally a remake, or an adaptation of a book. Netflix brings, high quality content, diversity out of this world, interesting original material that is constantly growing, and most importantly it does all of this without pestering people with commercials. The tv industry sold out and basically because a place to advertise rather than to really entertain. Netflix doesn’t have an unfair advantage. They are just using the tools they were give wisely.
Mark Armage (7 months ago)
Oh, please, as soons as others media corporate start to develope the same type of application featuring their kind of shows, in the past, present and future, Netflix would be kicked aside. Netflix can only go this far because the others are yet to catch up with the trend, Disney is following quite close, when Disney take all of their Disney production, including Pixar, Lucasfilm, Marvel off the app, the shares will go down, and then when Disney starts to produce another Disney Original that has the same quality, Netflix will lost it's edge. Soon the others will follow.
michii834 (7 months ago)
I love my Netflix!
Phlegethon (7 months ago)
Cause no one wants to watch live sports who cares go outside and play sports
Jake Mealue (7 months ago)
You can watch Fake News, or Real Shows. I believe in Netflix.
Joel (7 months ago)
Nice video. Good for Netflix!
cacopapote (7 months ago)
There's the quality factor as well. Modern TV drowns you with (reality) garbage content where your only gasp of relief is an IRS commercial.
Oliver Veale (7 months ago)
Round House (7 months ago)
Shame on you for trying to criticize your competition when they are doing good and you are doing bad.
Space Penguins (7 months ago)
Well this video won’t be bias at all
Rebecca L (7 months ago)
Ironic that NBC is reporting this!
Rohith Kumar (7 months ago)
I like how cnbc is doing youtube videos now. All they have to do is look in the mirror.
whatthe fskauwb (7 months ago)
Attacking? Lol.
Questioning Everything (7 months ago)
Won’t last forever you can’t gain value from buying stuff you can’t afford
Walter White (7 months ago)
Quagmire subscribes to netchix
Golden Squatch (7 months ago)
Netflix in New Zealand is so useless. That's why many people don't subscribe.
21minute (7 months ago)
It’s basically like Spotify killing the radio industry. Why spend hours on ads and stuff you might not enjoy when you can immediately listen or watch the stuff you want any time of the day?
Alex T (7 months ago)
I finally cancelled my Netflix instant after they kept removing tv licenses they held for so long. Its not worth the price hike in my opinion. While streaming is nice, I HATE that its divided up content to various services....
Marko Dodig (7 months ago)
NeverWithoutNalani (7 months ago)
B Bl Bla Blac Black Blackf Blackfi Blackfis Blackfish Blackfish i Blackfish is Blackfish is t Blackfish is tr Blackfish is tra Blackfish is tras Blackfish is trash Blackfish is tras Blackfish is tra Blackfish is tr Blackfish is t Blackfish is Blackfish i Blackfish Blackfis Blackfi Blackf Black Blac Bla Bl B
Shannon Hillbom (7 months ago)
Hahaha.... I remember when all these big companies didn't worry about Netflix at all... Now they are scrambling to survive.... This is what happens when you fleeced your customers for too long... Bye!
mario zombie (7 months ago)
Papa Robotnik (7 months ago)
This explains why they are so many "Sports Zombies". Thanks CNBC !
Papa Robotnik (7 months ago)
Subscribing to Netflix. Thanks !
A!V3n . . (7 months ago)
Fox/ Disney finished their Wolverine deal, anybody glad he is now officially in the MCU to join 💪
A!V3n . . (7 months ago)
Ee Kwang Comcast ? 😂 so they can ruin it and turn it into a series ?
PAPA Giarnella (7 months ago)
PAPA Giarnella (7 months ago)
WA WA WA !!!!!!! i wish i invested in Netflix
longho (7 months ago)
Steal other creative and sold for cheap price.
the undead1 (7 months ago)
Netflix is awesome. We need more netflix companies. Let them die. To open up for better companies.
Todd Kaplan (7 months ago)
Jeremy JMIAH Williamson (7 months ago)
yeah but when DiSNEY starts their own streaming service, they will pull ALL their content FROM Netflix and that's why Netflix has been scrambling around to get more content so they're not left without anything. #UseSomeCommonSense
Patience Momo (7 months ago)
I got roku years ago and never look back especially now that u can watch live tv on hulu for just $39 a month! Their days are number...bye cable
VAlfons Alfons (7 months ago)
F cable when im on netflix i forget what a comercial is <3 <3 <3