Netflix was just in the news recently for their daily dose of negative press. Taking away users ability to navigate to their DVD lists on their TVs made many angry. One thing we always know, is people feel very strongly about convenience when they are sitting in front of their television. Don’t mess with those coach potatoes.
Truth is, it was a great thing for Netflix that the story broke so big. It gave the company a chance to again announce that they are forward thinking. Seemingly Netflix is swimming against everybody…. the movie companies, the tv companies, even some of their own users. Netflix is looking towards the future, and they are happy to admit it every time they can.
Netflix’s stock is not where it is because of their DVD business; the stock has surged since Netflix has started pushing streaming. Netflix customer base is growing at a faster rate than ever, not because people are mailing DVDs, but because people are streaming on their Wiis and televisions. NFLX has eaten all of their DVD competition, and they look to completely cannibalize the streaming competition. The only real hurdle Netflix must cross is the lack of proper broadband in the US. Comcast will do everything it can, to stop Netflix. Speculation has run rampant in circles that Comcast only bought NBC to slow, and hopefully stop, Netflix’s growth.
Time will tell, but with the users largely on Netflix’s side, things are looking up.
NFLX is a highly MANIPULATED low float stock. No one is buying at this price…shorts are covering and hedgies/MM’s are playing games with option exp’s.
Face it…NFLX is nothing more than a “middle-man” in the streaming industry…and deeper pockets don’t need middle-men to do what they can do themselves…better. (License content to stream on platforms that they already own…)
This is a whole different ball-game than DVD rentals…why doesn’t anyone get that?
In the streaming world, NFLX has nothing to offer that can’t be easily replicated..therefore NFLX is OBSOLETE.
Awww, you sound frustrated Pandy. Why are you frustrated? Can you easily write a VOD system as large and with as high quality of service as Netflix? Does your plan have the purchasing power of the huge client list Netflix has?
U Jelly?
Netflix has nothing to offer? Only in the sense that Ebay has nothing to offer that isn’t easily duplicated…how many other auctions sites have been successful though? A thorough distribution system, a solid interface and a competitive price dont exactly come free.