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This Survey Shows Why the Streaming Floodgates Are About to Open

Jeremy Bowman, The Motley Fool
·5-min read
This Survey Shows Why the Streaming Floodgates Are About to Open

At a conference in 2015, Netflix (NASDAQ: NFLX) CEO Reed Hastings famously predicted, "We will come to see that linear TV declines every year for the next 20 years and that internet TV rises every year for the next 20 years." Viewing hours on streaming services like Netflix and Roku (NASDAQ: ROKU) have boomed during the pandemic as consumers have been stuck at home. At the same time, linear TV and movie theaters are reeling from COVID-19.

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