the Piper report shows year over year growth in unique visitors is declining. how
on earth does nflx expect to grow subscribers if that's the case? it ain't going to happen folks. euro growth won't do it as euros aren't hooked on American content.
nflx will either end up in ch. 11 or being taken out in the single digits. this is all hope & change......spend like a bandit right now hoping subscriber growth will catch up with costs. it's not happening. the trifecta of competitors, excessive costs, and declining u.s. subscriber growth is going to be the undoing of nflx
but, until then, eat, drink, and be merry and hope you have a seat when the music stops
Theoretically, the slow growth in streamers could be profitable if marketing, r&d, g&a and amortization decreases significantly in relation to revenue. We all know the costs are increasing as a % of revenue and the DVD cash cow is dying. Their only hope is that someone wants them for strategic purposes and not to make money. Fat chance. Who wants netflix customer base of super cheap and capricious users? No one, that's who.