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Netflix can co-exist with Disney, streaming competitors



Netflix can peacefully co-exist in the streaming industry, even though the market braces for more competition from Walt Disney, Google's YouTube and Apple, CN Cracker Jim Cramer said Wednesday.

Netflix recently achieved $ 8, $ 1

4, and $ 16 subscription options, and the stock plunged more than 6% on the January announcement.

Even if you tie Netflix, Disney and other streaming subscriptions, Cramer said the price doesn't even come close to his cable bills that extend into the three-phase digits of a channel scale he never thinks of seeing.

"Netflix is ​​a steal. It's not just a bargain, that's what I call a necessary trade," says Cramer. "You can't say about many cable networks, except of course from CNBC, which is of course important."

For sports enthusiasts, ESPN + is also a bargain for just $ 4.99 a month, he said.

No wonder people cut the cord.

"You find a way to give me some sports packages without the 85 The channels from 1 to 100 that I did not use and I would be a string cutter, too, after reviewing these limits extorted cable bills, "Cramer said.


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