While the rise of direct-to-consumer (DTC) services from traditional pay-TV operators like Comcast has given rise to the idea that more viewers could be cutting the cord on pay-TV and switching to over-the-top (OTT) services, data from Nielsen seems to suggest otherwise. According to Nielsen data, streaming represents just 27% of television screen time in the U.S., while linear television represents 63%. Using the TipRanks stock comparison tool, let us look at whether Netflix, the pure-play streaming service, is facing stiff competition from other DTC services launched by The Walt Disney Company (DIS), Comcast (CMCSA) and ViacomCBS (VIAC).
https://www.tipranks.com/news/article/is-netflix-feeling-the-heat-from-its-competitors?utm_source=advfn.com&utm_medium=referral
Comcast (NASDAQ:CMCSA)
Historical Stock Chart
From Nov 2021 to Dec 2021 Click Here for more Comcast Charts.
Comcast (NASDAQ:CMCSA)
Historical Stock Chart
From Dec 2020 to Dec 2021 Click Here for more Comcast Charts.