How will Netflix (NFLX) finance its steadily rising streaming content costs? Long-time bear...
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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