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Why Netflix May Be In Trouble?

The streaming wars are heating up. Netflix secured the rights to stream Seinfeld for five years starting in 2021. The official numbers haven't been reported yet, but it is believed that the streaming giant paid well in excess of the $500 million Comcast paid to get back the streaming rights for The Office. RELATED: Apple Could Afford to Buy a Hollywood Studio -- But Should It? RELATED: Netflix, in Comeback, Snags 'Seinfeld' After Losing 'Friends' Jeff Marks, Senior Research Analyst for ActionAlertsPLUS, said he does think securing legacy tv shows is the right strategy for the media giants to pursue, but he has some concerns about Netflix going forward. RELATED: Roku or Not to Roku: Where Does the Selling End? Watch the video above to see why Marks is worried about Netflix. And be sure to check out the full roundtable here for a full break down of the streaming wars, as well as implications of the Saudi oil attack on the oil and defense industries, a break down of the failed WeWork IPO and more. Comcast is a holding in Jim Cramer's Charitable Trust Portfolio, ActionAlertsPLUS. Want to be alerted when Jim Cramer buys or sells CMCSA? Sign-up for a free trial here. Premium Pick: 5 Tips for Navigating a Flat Stock Market Bull Market Fantasy: Watch Thursday Night's Replay Action Alerts PLUS peek: How Jim Cramer Knew to Sell Shopify Stock Before Its Recent Plunge Earnings Season on the Way: Why Investors Should Prepare for Earnings Season Now Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below
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