You do realize signing a bigger check to supply more content to streamers and taking out a secondary to pay for it is taking from investors and giving to customers right?
$350M/yr requires 3.65+ million more streamers just to breakeven, not even accounting for distribution and hosting costs. A company spending money it doesn't have on big deals that really doesn't start for 3 years makes the stock pop 10%? HAHAHAHA.
All this for movies that play repeatedly on the Disney channel as part of your basic cable package.
A smart parent has already DVRed this stuff and doesn't need Netflix.
What horrible logic. Extremely flawed! No secondary has been announced.
Also, Netflix can increase the monthly costs by one dollar to make up or this.
No subs are leaving, company is only growing. Subs will stay for a much higher price.
Cable is very expensive and losing subs consistently every month.
A Dvr only holds so much.
Disney moving to Netflix is a historic move and a hug slap in the face for cable companies. Other studios will follow soon. Netflix is the future and perfectly positioned.
Wow, that's amazing. Problem is that your "news" came out 8 hours ago and the stock ended the day down almost 4%. Not exactly buzzing with excitement over the fact that they surely overpaid for rights to this though I am sure existing subs will be very happy to enjoy the new content for FREE...