It was inevitable that Netflix's Bubble was going to burst sometime just like Blockbuster's bubble burst when Netflix came on the scene years ago now

The world keeps changing in mostly unforeseen ways.

Just like Netlix burst Blockbuster's DVD rental bubble, the end of Covid has burst Netflix's bubble as well.

And if you look carefully, all streaming services stocks went down about 5% to 6% across the board along with Netflix.

This basically says many people are not buying Netflix memberships (or other streaming services memberships either quite so much.

It also says: "We want to go on vacations and actually have real lives again and not just sit at home watching Streaming stuff on our large Flatscreen or on laptop computers".

This is what is says to me. Also, Russia was just dumped by Netflix as a matter of principle which is good in some ways that they are supporting Ukraine and all of Europe by doing this.

But, Economically that's quite a hit for Netflix to take all by itself as well as any other streaming services who did this too!

I think many smaller streaming services might go out of business through all of this but I think some will stay like Netflix, Amazon Prime, Hulu, Apple TV and HBO max and maybe a few others like Disney.