Chasing Viewers

Roger Montgomery

Montgomery Investment Management

It may just be the straw that breaks the camel’s back. Free-to-air television advertising that is! Recent data published by Roy Morgan Research on Streaming Video On Demand (SVOD) services shows that since launching a few months ago, Netflix in Australia is absolutely killing it. The numbers are really quite staggering. Despite Presto, Stan, Quickflix and Foxtel Play existing in the Australian market place well before they first officially opened their doors to customers, Netflix has amassed over 1 million subscriptions in over 408,000 households. That’s over 10x more than Presto and Stan. Mindboggling. As a result, shares of Nine Entertainment Ltd (ASX: NEC), Seven West Media Ltd (ASX: SWM) and Southern Cross Media (ASX: SXL) all continue to experience further price declines. This is despite the fact that their shares continue to look cheap. We don’t expect this trend to reverse anytime soon; Read more here: (VIEW LINK)

Roger Montgomery
Founder and Chairman
Montgomery Investment Management

Roger Montgomery founded Montgomery Investment Management in 2010. Roger has more than three decades of experience in investing, financial markets and analysis. Roger also authored the best-selling investment book,

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment