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Netflix, Inc. (NFLX) Message Board

  • pro.trader62 pro.trader62 Feb 2, 2013 12:12 PM Flag

    Why burn $100,000 for 26 episodes ? Hastings is crazy, no wonder they have cash flow problems.....

    That money could have been better used for advertising and paying down debt. Subscriptions will increase, but a large number will be the free bees. They should have canceled the free month subscription for a few months in order to monetize the House of Cards. Now anybody can get a free month and cancel after watching the 13 episodes. I really believe Hastings is getting desperate. This is not a good business decision for a company that recently had to borrow millions.

    Please post your comments.

    Sentiment: Strong Sell

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    • bixiao@att.net bixiao Feb 2, 2013 12:37 PM Flag

      he just need people sign up once even they quit NFLX still account thm as subscribers that is why last Q Nflx has 2M new subscribers. SEC could not found out this trick. I predict that NFLX will has 5 M new subscribers in next earning report. That is the game Flax CEO playing

 
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