Netflix, has the bubble burst?

Shares in Netflix have fallen 10% after the streaming giant failed new subscriber targets for the second quarter of the year. This will concerning for the streaming giant in a couple of ways, first there is the debt the company has accrued in it's attempt to provide new content and the increased completion from 3 media giants. Disney, NBCUuniversal and Warner Media all have streaming service planned to lauch and all can count on vast film and TV libraes for content.