NFLX only needs to lose 1% of its market prowess for its business model to Blockbuster
41B market cap. and outstanding debt is banking on total/global market domination by 2020. Every other day there's content creator saying he's streaming his own...
The sustainability of the company is contingent on every household with internet be a subscriber by 2020.
this is very likely. his sudden bullish announcement is so strange...what a #$%$. He's got billions. OWN UP TO IT!!!
Anderseen made a mental fart. He probably meant 100M. The total world house hold is only 1.7B, Household with respectable internet is less than 1B. So Netflix will have such appeal that every household with internet all over the world has to subscribe to Netflix???? ....they probably will still be CF negative with 1B subs.
and this is legal...
All the current content obligations(8.8 Billion), original contents, and international expansions are counting on domestic subs hitting the target quarter after quarter for 5 years. If the shortage of subs is indeed the trend, the n company will not be able to meet its obligations.
Their business model cannot tolerate any delay in subscriber acquisition. Slight mishap will trigger less content- less subscriber cycle. Also, HBO getting into the ring is shattering NFLX's 60M~90M total market wet dream