How Netflix's 10-year rise has shaped the streaming industry

Hanno Labuschagne

Expert Member
Staff member
Joined
Sep 2, 2019
Messages
1,041
How Netflix's 10-year rise has shaped the streaming industry

Over the past 10 years, Netflix Inc. has led a revolution in the way the world consumes entertainment, and in doing so, it ruled over Wall Street.

The shares have soared nearly 4,100% since the end of 2009, a gain that at one point made Netflix a larger company than Walt Disney Co. by market value.

No other S&P 500 component has experienced a return that approached anything like Netflix’s this decade; the second-best performer, MarketAxess Holdings, is up a comparably paltry 2,600%.

[Bloomberg]
 
Top