Media Mergers Are Bad News for Netflix

Netflix (NASDAQ:NFLX) has been a thorn in the side of major media companies for years now, but only recently have TV and movie studios started fighting back. Disney (NYSE:DIS) announced plans to take its films off Netflix earlier this year, opting to offer a direct-to-consumer streaming service of its own. 21st Century Fox (NASDAQ:FOXA) hasn’t been renewing its most popular TV series on the streaming service, as it moves to offer its own commercial-free viewing experience distributed through pay-TV providers. And other media companies like Time Warner (NYSE:TWX) have considered extending the window between a show’s original air date and when it shows up on streaming services like Netflix.

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