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Goodbye Netflix: this could be potentially 23X bigger

August 06, 2018 / Ben Munson

Netflix may have just passed Disney as the largest media company in the world, but Wall Street Analysts could be missing the big picture.Because while Netflix continues to grow and expand, we DON’T think it is the future of entertainment.Research firm PwC anticipates revenue from media and entertainment will reach an estimated $2.2 trillion by 2021.With Netflix just reaching $11 billion in revenue in 2017, that still leaves $2.189 trillion left over.So think about this…Netflix, the largest entertainment company in the world, would only make up 0.5% of media and entertainment revenue.