Aug. 2 at 8:55 PM
$NFLX didn't just disrupt traditional cable, it quietly became the modern version of it.
Think about the business model evolution: recurring auto-pay subscriptions across millions of homes, aggressive expansion into live sports streaming, and a rapidly scaling ad-supported tier to monetize cheaper user buckets.
That is the exact playbook traditional cable operators ran for decades to lock in predictable cash flows.
The key difference here?
$NFLX commands superior operating margins, true global distribution, and a total addressable market legacy cable could never reach.