Netflix has committed to spend a whopping $15.3 billion on streaming content
But the eye-popping spending is part of a long-term bet on one of the company's biggest strengths, Michael Graham, managing director and senior internet analyst at Canaccord Genuity told CNBC's "Closing Bell" on Monday. "The company is actually trying to manage down the amount of content that it's licensing from other people," Graham said. "The plan...
I regard the brain as a computer which will stop working when its component fail. There is no heaven or afterlife for broken-down computers. That is a fairy story for people afraid of the dark