This a major deviation from their business model. Now most of you buffoons will say so what, but to me its more confirmation that its model is broken......
"House of Cards". How apropos.
Honestly, as I have written prior, getting exclusive access to content is the only hope we see for NFLX's survival. But our advice was rather they should go after classic content...
sort of like what Ted Turner did with TCM. (Which by the way is seeking to direct stream as well.)
The production / marketing costs of new content will kill them. And now going toe to toe with real Content Producers is not going to win NFLX any friends the next time they seek to renew contracts.
absolute on the money analysis
THIS criminal Thug Hastings does not care but actually planned the bust of NETFLIX ...looted his Billions Already.
Just Last Hurray scam and criminal fraud headlines later
Pay SEC criminals few millions and enjoy billions in LOOT , that is what justice is out in USA
Steal $100 go to Jail
WHAT IS LEFT TO STREAM NOW IS CRIMINAL THUG REED HASTINGS AND HIS CRIME PARTNERS SCAM ?SSES IN HD ON NATIONAL TV NOW
TECHNOLOGY CROSS VENTURES
FRAUD STREET CRIME PARTNERS:MORGAN STANLEY/GOLDMAN SACHS/FMR CORP
TIER 2: JP MORGAN/PIPER JAFFRAY/BLACK ROCK/SAI CAPITAL
EVERY INVESTOR IN USA IS WARNED ON THIS SCAM NETFLIX(NFLX)
BALANCE SHEET RAPED AND $200M DEBT USED FOR SCAM BUBBLE VIA BUY BACK SCAM
INSIDER LOOT OVER $3B+ AND FRAUD STREET CRIME PARTNERS IN 10'S OF BILLIONS
INSIDERS CFO+COO FLED WITH THE LOOT BEFORE COOK BOOK SCAM UNFOLDS WITH SCAM BUBBLE BUST NEXT
THIS SCAM BUBBLE STOCK NOT WORTH $9 BUT CRIMINALS FRAUD STREET TERRORIST BLOW SCAM SPIN TARGETS AND FUTURE ESTIMATES FROM THEIR CRIMINAL SCAM ASSES
CRIMINAL THUG REED HASTINGS AND HIS FRAUD STREET CRIME PARTNERS
MORGAN STANLEY & GOLDMAN SACHS DUMPED MAJORITY OF THEIR SHARES FOR TEH LOOT IN BILLIONS WITH SCAM BUBBLE CREATION AND MANIPULATION NOW WITH WEEKLY DERIVATIVES IS CRYSTAL CLEAR CRIME SCENE
ASK SEC CRIMINAL WATCH DOGS AT SEC:
WHAT IS PRICE/VOLUME MANIPULATION CRIME?
WHAT IS PUMP/DUMP SCAM
WHAT IS INSIDER TRADING AND MISLEADING SCAM SPIN AND RUMOR PUMP/DUMP NEWS SPINS?
i asked my wife who is not involved in stocks at all what she thought of it she said it means their current market is probably saturated and they have to move into different areas......and you clowns dont get it at all....
This is beyond stupid.
Why, why, why would RH be so dumb...? No...arrogant is right.
They can't compete with the networks. This is jumping out of the lake and into the ocean with the sharks.
If this is the ONLY way RH can think of to generate any cash, NFLX is DESPERATE beyond reason.
Smart people will sell on this news...but I won't be surprised if that doesn't happen.
And they are doing things beyond what others that are very knowledgeable would do. How exactly do they expect to get a return on this $100 million and where did they get the cash from when their balance sheet was already strapped??
Wiating for some of the genius pumpers to weigh in on this. What say you greeneggs?
YouTube Buys Next New Networks; Launches YouTube Next
International Business Times - Manikandan Raman -
Mar 8, 2011
YouTube Partner Program is a revenue sharing arrangement allowing creators and producers of original content
It tells me three things.
1) Reed Hastings is taking an adversarial position against the major media empires. Not good for netflix.
2) The cost of these original content is high and it will hit netflix bottom line.
3) Success is getting to Hastings head, he is becoming arrogant, bidding against major studios for original content.
You be the judge.
CRIMINAL THUG PLAY BOOK=BUST NETFLIX AND WHY?
HE LOOTED BILLIONS WITH STREAMING SCAM HYPE=DOTCOM PLAY BOOK
NETFLIX insider enrich scam is 100X bigger than MADOFF ponzi scam
2010= INSIDERS @NETFLIX LOOTED OVER $1BILLION+ RAPED BALANCE SHEET AND SLAPPED $200M DEBT FOR THE CRIME SCAM LOOT
More proof: White Collar crime Data
White-collar crimes cost the United States more than $300 billion annually according to the FBI.
NETFLIX DAY LIGHT ROBBERY CONTINUES=PROVES SEC/FINRA CRIMINAL WATCH DOGS IN THEIR POCKETS
This is what I see from Criminal Greedy crook CEO DNA @NETFLIX=Biggest Ponzi scam since MADOFF
HERE IS LOOT IN BILLIONS WITH $200m DEBT SCAM BUBBLE AND BALANCE SHEET RAPED TO ZIPPO BY CRIMINAL THUG REED HASTINGS AND HIS FRAUD STREET GANG
CRIMINAL CEO'S LIKE REED HASTINGS DO THIS:
When I play Railroad Tycoon III, I often send my company deep into debt to get cash on hand to buy back shares, effectively increasing my ownership of the company as an absolute percentage. Then I issue massive DILUTION WITH FREE OPTION GRANT PRINTING PRESS or DIVIDENDS s until my company goes bankrupt, and start a new company.
It's a way to shuttle money borrowed against a company's assets into my personal bank account at no risk to me........become a BILLIONAIRE IN FEW YEARS
3. To Benefit Executives
Many executives get the bulk of their compensation in the form of stock options. As a result, buybacks can serve a goal: as stock options are exercised, buyback programs absorb the excess stock and offset the dilution of existing share values and any potential reduction in earnings per share.
By mopping up extra stock and keeping EPS up, buybacks is a convenient way for executives to maximize their own wealth. It's a way for them to maintain the value of the shares and share options. Some executives may even be tempted to pursue share buybacks to boost the share price in the short term and then sell their shares. What's more, the big bonuses that CEOs get are often linked to share price gains and increased earnings per share, so they have an incentive to pursue buybacks even when there are better ways to spend the cash or when the shares are overvalued. (Learn more in the Pages From The Bad CEO Playbook.)
Pages From The Bad CEO Playbook
Hastings Behavior Review
I thought it necessary to once again rehash Hastings record of behavior that seems to be un noticed in the media and investment community.....
1) Colluded with WMT to conspire to corner DVD market that has resulted in a pending class action suit.
2) Hired actors at Canadian streaming launch to pose as enthusiastic fans of streaming.
3) Borrowed $200M in debt to buy back stock only to facilitate insiders and himself to sell their stock.
4) This is my opinion. Has over stated & mislead investors on the extent NFLX has streaming subs by portraying stats that 60% of subs stream 15 min or more rather than disclose paying streaming subs. The motivation here is grant NFLX a higher P/E than its peers like CSTR.
WHAT IS PRICE/VOLUME MANIPULATION CRIME?
WHO OWNS NETFLIX SCAM BUBBLE SHARES?
WHO IS LENDING SHORT SHARES?
WHO IS PLAYING MANIPULATION SQUEEZE SCAM?
WHO IS WRITING FRAUD RESEARCH REPORTS AND WHO BENEFITS FROM THESE SCAM SEARCH REPORTS?
WHO LEND $200M DEBT TO READ HASTINGS AND FOR WHAT PURPOSE?
WHY DID 5 BOARD OF DIRECTORS ALLOWED SUCH A SCAM BUY BACK WITH $200M DEBT?
WHO MANAGED COOK BOOK SHARE COUNT FOR SCAM EARNINGS HYPE SCAM NUMBERS?
WHO PLANNED ALL SCAM NEWS SPINS FOR PUMPING SCAM BUBBLE?
LET THE JUSTICE BE SERVED IN USA
HELLO SEC/FINRA CRIMINAL WATCH DOGS