Thousands threaten to quit Netflix

[PICK3]

Netflix socks subscribers with 59% price hike - Tech Talk - CBS News

 

[miplank]

i got that email today, bullshit!

 

[wootoom]

Oh well

 

[redshirt27se]

grab the cash while you can.. netflix will be dead soon enough.

 

[samoth]

grab the cash while you can.. netflix will be dead soon enough.

Everyone that I know who shorted or bought puts on NFLX has gotten pwned. I wouldn't count them out just yet.

 

[redshirt27se]

Everyone that I know who shorted or bought puts on NFLX has gotten pwned. I wouldn't count them out just yet.

they offer a service that everyone else can offer. if it weren't for the unlimited streaming they'd already be done. streaming videos is very easy to do, only a matter of time before companies stop licensing their movies out and just do it themselves. it's already slowly happening for free at the expense of ads. combine that with the potential for the big media giants to also offer music, etc.

it was a good run, but they are fucked. a price hike seems to show that IMO.

 

[samoth]

they offer a service that everyone else can offer. if it weren't for the unlimited streaming they'd already be done. streaming videos is very easy to do, only a matter of time before companies stop licensing their movies out and just do it themselves. it's already slowly happening for free at the expense of ads. combine that with the potential for the big media giants to also offer music, etc.

it was a good run, but they are fucked. a price hike seems to show that IMO.

Excellent argument. What strike puts do you plan on buying?

 

[redshirt27se]

Excellent argument. What strike puts do you plan on buying?

Probably nothing. I'm not as liquid as I'd like to be at the moment.

 

[ortiz34]

Who will replace them eventually?

 

[samoth]

Probably nothing. I'm not as liquid as I'd like to be at the moment.

To be fair, I haven't looked at they're books... or even know how to value a company like this... just saying that they're company might be in a stronger financial position than us laypeople might think.