They had to pay Comcast or lose it all due to Subscriber Cancellations.
How many Customers did Nflx lose before conceding to Comcast? Over the last 6 months with the slow down in quality, the Customer bleed must have been horrendous. That must be why they conceded to Comcast's demands for payment.
By the time Nflx pays all of the Cable providers for the ability to stream their content, they will have to raise prices to stay solvent. The higher Nflx prices will level the playing field with the content providers.
Looks like all of the providers are trying to get their palms greased. Comcast, Verizon, etc. The more they charge Nflx the more Nflx has to raise prices equaling the playing field on cord cutters.
I think Nflx is going to have to raise prices to $29.95.
Interesting correlation. Looks like traders are using a pair match. Short Aapl, Long Goog. Or the reverse Short Goog and buy Aapl.
I think Goog is getting toppie., yet Aapl is looking like it has bottomed. Thinking about Shorting Goog and going long Aapl. What do you think?
Remember a few months ago when Goog was lower than Aapl? I think the trend is going to reverse.
Negative thoughts come back to you 3 times. Be careful what you wish for.