streaming entertainment stocks to watch

Over the course of the past year or so, streaming device and software manufacturer Roku Inc (NASDAQ:ROKU) has emerged as one of the best growth stocks in the market. However, experts now believe that the onset of the so-called streaming wars is going to help in propping up the growth prospects of Roku.

Disney, Apple, and Netflix are now locked in a battle for market share in the streaming space, which is why it is going to boost Roku with regards to new sign-ups. Analysts also went on to state that the Roku stock is also expected to get a boost owing to that.

What Are Analysts Saying?

Tom Forte, who is a senior analyst at the firm D. A. Davidson, stated that Roku is in the best position to exploit the current opportunity in the over the top market. The over the top video consumption market is expected to grow at a significant rate in the coming months and in such a situation, Roku could generate a lot of growth owing to this opportunity. Over the course of the past year, the Roku stock rallied significantly and has gained as much as 225% to emerge as one of the best performers in the over the top space.

ROKU stock price movement

Although the stock declined in early morning trading on Monday, analysts believe that it remains a good prospect. The main reason behind the expectations of growth for Roku is the fact that the company has a platform that allows customers to access a range of video streaming services. Roku has the unique distinction of offering Hulu, Netflix, Amazon Prime Video, Disney+ and Hulu in one place.

All these services are going to add plenty of customers over the coming months and that could mean even more customers for Roku. Moreover, the company’s advertising business in the streaming space could also get a major boost due to the potential influx of fresh customers.

Content Is King: Stocks To Watch

Right Now streaming services like Netflix Inc (NASDAQ: NFLX) are spending billions of dollars on original content. According to Media Post:

“Netflix’s 2019 costs to buy, produce and license content will be $15 billion — up from $12 billion in 2018. 2019 marketing costs are pegged at $2.9 billion.”

According to a recent article that was published on The Motley Fool, the billions Netflix is spending on original content is just a small fraction of what streaming services as a whole will spend in 2019.

[READ MORE ON FERL] The $40 Billion Dollar Content Gold Rush

Independent Production Companies like Fearless Films (FERL) Have the Opportunity to Capitalize From This Content Gold Rush! As per their latest press release Fearless Films (FERL) is the parent company of its wholly-owned subsidiary Fearless Films Inc. (Canada).

Fearless Canada is an independent full-service production company founded by award-winning actor, producer Victor Altomare along with award-winning writer and director Goran Kalezic, Fearless Canada produces top quality entertainment with an edge. And Fearless is in the middle of a potentially monumental acquisition in the company’s history

Fearless Films Inc. (FERL) Enters into Agreement to Acquire Film Library from Founder

Under the terms of the LOI, the acquisition price and consideration for each film will be negotiated separately and payable in cash and shares of the Company, subject to negotiation of the Definitive Agreements and the obtention of mutually satisfactory independent appraisals of the value of each film.

streaming war stocks to watch

Disclaimer: Pursuant to an agreement between Midam Ventures LLC and Fearless Films Inc. (FERL), Midam has been paid $94,980 by Fearless Films Inc. (FERL) for a period from October 1, 2019 to November 17, 2019. We may buy or sell additional shares of Fearless Films Inc. (FERL) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Fearless Films Inc. (FERL). Click Here For Full Disclaimer.

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