Media trailblazer Tom Rogers changes ‘raging bull' stance on Netflix, sees worrisome signs

1. Tom Rogers expresses concerns about Netflix's competitive landscape versus YouTube. 2. Netflix shows strong viewership growth but lower engagement per viewer reported. 3. AI could benefit Netflix's advertising but favors YouTube's content creators. 4. Despite challenges, Netflix remains the most valuable media company, per Rogers. 5. Stock declined 6% post-earnings, down 11% since June's peak.