Netflix’s (NFLX) subscriber debacle may turn a corner this quarter, but Lazard reiterates...

|By:, SA News Editor

Netflix’s (NFLX) subscriber debacle may turn a corner this quarter, but Lazard reiterates its Neutral rating and advises holding off on the stock, given the company may lose half a billion dollars expanding internationally. A 17% "gross subscriber" addition rate in 2012 would be enough to cover the 70%-80% rise in the cost to NFLX for streaming video content, Lazard says.