The CMC Markets Streaming Share Basket tracks the performance of an initial 10 shares with exposure to the streaming industry chosen by the Share Basket Review Panel.
The Share Basket was created with a base level of 4,000 as of 31 December 2019.
Streaming is one of the 16 trending share baskets you can now trade on. Trading share baskets allows you to diversify your risk, so a sharp movement in one company’s share price doesn’t have a disproportionate effect on the overall holding.
When Netflix was founded all the way back in 1997, in California, video streaming was a rather quaint concept, at a time when companies like Blockbuster and LoveFilm dominated the video market, by way of physical rental and return.
In 2002, Netflix floated on the US stock market, selling 5.5m shares at a price of $15 a share, raising $82.5m in the process. Over three years later, Amazon launched Amazon Video, an on-demand service that sowed the early seeds of what was set to become a two-horse race between the two to launch an online streaming service.
With the recent global launch of Disney+ and its 24 March arrival in the UK, Ireland, Germany, France and other European nations – and with a mid-2020 launch scheduled for more European countries – the battleground is hotting up. Subscribers will be able to watch a host of Star Wars, Disney and Marvel content, essentially anything either Disney-related or Disney-owned.
And the European launch comes at a time when, due to the global coronavirus crisis, more people than ever are spending time at home either self-isolating or practising social distancing measures as governments battle to control the spread of the virus.
|Alphabet Inc - Class A||15.00|
Review under Share Basket Disruption Event and Share Basket Rebalancing.
Trading hours shown in London local time, please check under product overview for more details