Netflix is the Stock of the Decade with over 4,000% in Returns; Meanwhile the “War of the Eyeballs” With Cinemas Escalates

Netflix is the Stock of the Decade with over 4,000% in Returns; Meanwhile the “War of the Eyeballs” With Cinemas Escalates

4 years ago
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Netflix’s (NASDAQ:NFLX) ever-growing heft manifests in a variety of ways these days. This week, the CEO of Cineworld – Mooky Greidinger – vented his anger at the company for rendering the box office release of ‘The Irishman’ essentially meaningless by allowing the movie to be streamed natively within a short time span.

These expressions of gripe highlight a long-running stand-off between cinema owners and Netflix where the streaming giant’s propensity to opt for a swift online release of its original content leaves cinema owners with an ever-shrinking piece of the pie.