May 20, 2021
Streaming entertainment is has been around for a while, but it’s still rapidly growing. Consolidation is rampant, with big moves this week putting the
The actively managed SUBZ debuted in February and is the first exchange traded fund dedicated to streaming equities. When it comes to streaming names, Netflix (NASDAQ: NFLX) and Walt Disney (NYSE: DIS) may come to mind. That pair combines for almost 10% of the fund’s weight.
However, there’s more to the streaming space.
Earlier this week, AT&T (NYSE: T) agreed to shed its media assets by merging its WarnerMedia division with SUBZ component Discovery (NASDAQ: DISCA). WarnerMedia is home to one of Hollywood’s biggest movie producers and holds the coveted HBO Max streaming property.