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How will Netflix (NFLX) finance its steadily rising streaming content costs? Long-time bear...
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Thursday, December 8, 2011, 2:33 PM ETHow will Netflix (NFLX) finance its steadily rising streaming content costs? Long-time bear Rocco Pendola thinks the company, which recently announced a major convertible offering, will do it by selling off their DVD division. However, he's skeptical a suitor will line up for the streaming business, and thinks big media outfits will take further steps to pool their online video offerings and "box out the middlemen."
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But then again SEC is always behind the curve. Either in bed with members of companies or too stupid to act.
The streaming side the media giants could cut deals directly with the studios.