Netflix has fallen out of the top 10 video sites on the internet
It was in the top 10 last month
but off almost 12% from January
So much for free trials, I guess people did not like?
TRACK ONLY THE SCAM GANG HOLDINGS
THEY ALL DUMPED AND CASHED THE LOOT IN 10'S OF BILLIONS
NOW SCAM PLAY IN REVERSE TO SLAUGHTER POOP SUCKERS
INSIDE SCAMFLIX SCAM=HOUSE OF CRIMINAL THUG REED HASTINGS $SS WIPE POOP CARDS=STREAMING IN HD
RELEASING IN THE NEAR FUTURE
PRODUCED AND DIRECTED BY SINGHLION
TCV /CFO/HASTINGS= LOOT TRANSFER SCAM PLAN
HELLO CRIMINAL THUG HASTINGS
the only reason why NFLX will make sub qrt was a radio ad blitz at qrt end most sell side analysts think free subs will decline or be flat this qrt and what i'm reading is since most of the traffic surge occurred in march tied to radio adds all of those will be free. Hastings you are fooling no one and Debra from IR knew it and said she had enough.....
Just thought I would chime in on a few things:
1. Correct me if I'm wrong, but unique hits on a website are based on the IP address, right? If that is the case, you could have multiple "unique" users but one account from home, coffee shop, hotel room, somebody use borrowing the account, etc.
2. Even if all the unique users are really unique, then only about 1/3 of the company's customer base is streaming. Meanwhile, DVD availability is reported being cut back for the other two thirds. I am guessing that most of those traditional customers have not left completely, they have just cut back on the number of movies they get at any one time.
3. The departure of the CFO still bothers me (although not IR because new CFOs tend to bring in their own people). While I'm not convinced that there was (or is) accounting fraud, the timing of the CFO's departure suggests he saw problems ahead for the company. This is especially true since the venture firm he is now with also partly cashed out.
I ask again how can a company claiming to be a streaming company and 60% of video traffic not be in the top 10 of unique streaming users? You fraud company are fooling no one but sucker retail and now dopey pension funds...........
They are up there -
Nielsen estimates that the site streamed 200 million videos in January, up 38% on the previous month, and gained 16% in unique viewers to take it to 7.4 million total."
This was for Jan which was much slower than Mar!
And why don't you go back to the CITI excpecting PSM DROP IN 1Q11 thread and debate the subject of GSM AND PSM.
Sorry, is it important for a subscription-based site to be in top-10 ?
I mean - since people are paying for using Netflix, its numbers will be lower than free sites, right?
Just respectfully asking.
Their numbers are lower than the advertising sponsored sites, I suspect they always will be.
But, If you look at the Feb results when they were still in the top 10 you can see unique viewers down almost 12% versus themselves the month prior.
Note that not all these sites are free... but going deeper, it is about "attracting eyeballs", regardless if the rev comes from subs or ads.
It is interesting to note the 7% increase in hours/user increased from 9:16 to 9:53 in one month.
As in their model, content expense is a function of content viewed, so NFLX will want to see usage fall... or at least rise lower than operating margin.
A 7% increase in one month of content consumer / user? Here comes the increase in content expensed and the margin compression.
It's not just the position (absolute), but change (relative) that is important. If they are growing subscribers, there will be more unique visitors.
It's not possible to deduce that change from the 2 links given above. NFLX may have had more unique visitors in March than in Feb, but can still fail to make it to top 10.
OTOH, they are doing fine in other 2 data sets - number of streams increased in March, and time spent per visitor also increased.
But all this fundamental type analysis is kind of a moot point in such a manipulated stock.