in real life, my family friends colleagues etc subscribe and love it. going from $10 to $16 was not a big deal as long as they increased the content. the issue is adding more content.
Well apparently 800,000 former subscribers would dissagree with you.
Not only that, but NFLX is basically using the information pipes for free. The phone and cable companies are getting fed up with the loss of bandwidth.
what about the 25 mil other consumers don't forget exp. to Europe...
wrong. not the issue. the issue is tha content is not where it needs to be (for streaming), the content costs have dramatically gone up, and the content cost they have to pay will go up. add that to the fact that several of the content cost committments were back loaded (shareholder yet to seee these hit a balance sheet) and you have a very hard road to hoe for these guys. its bad. really bad
It's simply going to collapse - out of business perhaps even before the year is over. Their only hope is a stiff dose of reality and firing the CEO.
Hold on for a year if your lucky you might get $90 a share if everything goes OK and that's a MIGHT.
except for the longs who are crying now, people hate it.
Longs don't get it, doesn't matter if people love it... they are losing money on a cash basis and have $3b in off balance sheet financing for bad content
That's not true. NFLX has a wrong business model. Business and stock price will dip more in next 12 months.
...explain to me ..do not quote things from the talking heads that you hear on tv...