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don't underestimate the big boys in media. hulu will be a formidable competitor to netflix. and i'm betting that old media companies may not sell their content to netflix in the future. you will want to own twx and the others.
it's about time they realized they were hurting their own business. but I do think there is going to be a need for the old media to colaborate/combine certain streaming projects. a streaming bundle is needed. and fast
Once Hbonow, decides to roll out internationally they will easily sign up more subscribers in the coming quarters. TWX have now set a floor in earnings and will easily crush estimates going forward. Three things that will be happening over the next three months, HBONOW's growth is subscribers is going to be breathing over the Holidays, we will enter the new year with a far superior slate of movies that are going to crush it overseas, there will be a amazing amount of videogames that will be announced, solidifying TWX's position as the world's #1 gaming company. TWX will easily hit the 5.60 in earnings they just revised downward, management was just eliminating the foolish easy money they were collecting from steaming companies. Management gets an A+ for making the necessary business decisions to compete in the changing world of content creation and delivery!
This is Awesome! They were undervaluing their content and enabling NFLX to grow without the real costs of investing in content. If it were me I would never sell any content EVER TO THESE STREAMING FUCS! NFLX is going to have to pay a kings ransom to companies to get relevant content, they will never be profitable.
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