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

How 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."
Comments (5)
  • Sounds like Rocco has a lot better grip on NFLX business model then Greed Hastings does. This ponzi scheme is collapsing.
    8 Dec 2011, 02:37 PM Reply Like
  • I am surprised SEC has not opened an investigation on the company about all the shady business going on.

     

    But then again SEC is always behind the curve. Either in bed with members of companies or too stupid to act.
    8 Dec 2011, 02:56 PM Reply Like
  • Just a lousy business model...nothing to see here move along...
    8 Dec 2011, 03:27 PM Reply Like
  • The spin off would piss off customers who subscribe to both the dvd rentals through the mail and streaming.

     

    The streaming side the media giants could cut deals directly with the studios.
    8 Dec 2011, 02:42 PM Reply Like
  • Rocco's been right. You don't have to be a genius to know this stuff though. He actually looked at their cash flow statement and was like WTF while jim cramer was like BUY BUY .... sorry...
    8 Dec 2011, 06:56 PM Reply Like
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