Scalper1 News
U.S. media companies should continue making overseas acquisitions, but international expansion may not be a cure-all for what ails them — namely Netflix (NFLX), Facebook and Google’s YouTube, says Morgan Stanley. Morgan Stanley analyst Benjamin Swinburne said “the three-headed monster of (Google’s (GOOGL) YouTube, Netflix, and Facebook (FB)” gives U.S. media companies good reason to invest in overseas content distribution amid shifts in the U.S. Scalper1 News
Scalper1 News