. Sales are slowing
. Quality is becoming subpar ..
. Competition is coming left & right
That report also shows that Netflix is falling behind in term of quality of original shows.
Only a matter of time before people just ship as there are so many standalone options now
1. HBO: 82.3
2. Showtime: 75.1
3. FX: 74
4. Netflix: 73.6
5. AMC: 73.5
6. Amazon: 71.8
7. Starz: 71.6
8. USA Network: 65.2
You need to revise your numbers. As of January 2014, they had over 20M Prime subscribers.
By now, it is probably 25 or 30M ..
And they don't need to rely on complex IT for this ..
No all they need and use their data from IMDB ..
I bet you will sell before I get to cover ..
But be my guest ...keep on buying or holding at that price ..
Dream on ..
The fact that they have to produce more content and become a content provider (vs just a distributor) is a pretty bad thing .. Now they are going to face costs and risks like every other content provider.
Sell while you can ..
So basically Netflix is becoming another Content provider + distributor of its own content?
This means, it will have a reduced scope and more and more competitors ..
Not good ..