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Netflix (NFLX) sees continued strength, +4.1% premarket, following continued reports discussing...
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Tuesday, December 13, 2011, 8:42 AM ETNetflix (NFLX) sees continued strength, +4.1% premarket, following continued reports discussing M&A speculation and potential partnerships. “With Verizon, [Reed] Hastings would get a lot broader distribution and global reach,” one source says. Any of the major content companies - perhaps except Time Warner, which has its own HBO Go streaming service - also could want to hook up with NFLX.
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This news story has 7 comments:
they don't own content, they rent it.
they don't create bandwidth, they rent it.
they don't have a great movie search tool or database...very mediocre...
they don't have a great deal of cash over lt debt.
they are currently unprofitable and are learning just how "sticky" their customer base is (leaving).
They have a model which is in flux and now, not proven.
$4.3 billion for this? Oh, they have a really expensive beautiful campus. Should be a nice new office for some other company. Like Sun and/or SGI were for Google....