Shares of Netflix (NFLX -3.3%) hit some turbulence after chatter over a potential secondary...

Shares of Netflix (NFLX -3.3%) hit some turbulence after chatter over a potential secondary offering crops up. There isn't anything definitive out from the company, but with content costs rising and share price up a clean double for the year the move wouldn't shock many analysts.

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Comments (2)
  • Bill Maurer
    , contributor
    Comments (7058) | Send Message
    Selling the DVD business would be just as effective.

    6 May 2013, 10:00 AM Reply Like
  • DIgitalMediaView
    , contributor
    Comments (631) | Send Message
    From Financial Times: "Google is on the verge of unveiling an à la carte subscription service for some of YouTube's specialist video channels, to finance a broader range of content and add a second revenue stream to the digital video market leader. The move, which has been in the works for months, could be announced as early as this week. It will apply to as many as 50 YouTube channels, people familiar with the plan say. Viewers will be able to subscribe to each channel for as little as $1.99 a month...Subscription YouTube channels will compete with the likes of Netflix, the streaming service with more than 30m subscribers, and Hulu, owned by Walt Disney, News Corp and Comcast, which said last week it had surpassed 4m."


    See also: "GOOG - YouTube to begin offering pay channels for a monthly fee, watching NFLX drop as this puts them squarely in competition with the internet streaming giant."
    6 May 2013, 10:12 AM Reply Like
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