Gaming was a niche hobby for “nerds” toward the end of the 20th century...
But throughout the 2000s, good ol’ free-market competition helped expand the video game industry and push it into the mainstream. Big-time movies were adapted into video games. Titles like Halo and Call of Duty cemented themselves as household names.
Today, games are so ingrained in pop culture that we’ve got conferences, real-life merchandise, eSports competitions, and even films and TV shows.
Speaking of, I bet video games will eclipse TV and movies if they haven’t already.
See, consumers love fresh content. They get bored fast. But producing movies and TV shows takes tons of time and money (especially with lockdown restrictions).
In 2020, Netflix users watched 3.2 hours/day of content. Altogether, that was 6 billion hours — but there are only so many shows and movies on the platform. People get bored. Yes, The Office is funny. But even that gets old, especially once the lockdowns end and people can do things again.
On the other hand, video games now get constant updates. Video game communities don’t need lockdowns to stay engaged when new stuff is added, and new games come out every year.
Netflix knows this and wants in on the juicy video game market. They recently hired a former Electronic Arts executive for its VP of Game Development.
But Netflix isn’t the buy here…
After all, this is their first foray into gaming. One or two executives is no match for an actual video game company. Plus, I want something for the end of 2021 — not the far future. If a Statistical Disruptive Flow triggers, then maybe.
But for now, we’re going with the company that’s responsible for some of the biggest franchises in history. This one does have an SDF on it.
There’s more good news, though. I was talking with Dustin Pass over at the Insider Report, and it turns out this company’s directors are buying up the stock like mad.
This ain’t your typical single insider buy. These guys know something.
But I’m one step ahead. I just issued the alert on this company on Thursday 8/26, and it’s still in the buy zone.
Your window’s closing on this big potential move, though…