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Coinstar (CSTR) is losing even more market share to Netflix (NFLX) than what has been previously...

Coinstar (CSTR) is losing even more market share to Netflix (NFLX) than what has been previously forecast is the logical conclusion that comes from taking in the quarterly reports (CSTR, NFLX) of both companies, according to JPMorgan's Paul Coster. The company is still banking on its video streaming service - currently in a beta - to swing the momentum back in its direction, but the clock is ticking. CSTR -7.6% premarket.
Comments (1)
  • Tvaddic
    , contributor
    Comments (233) | Send Message
     
    I don't see the service taking off. They said they won'
    t do tv series, which is more than 50% of Netflix viewing, they have an incredibly limited library. They are limiting the number of devices they support. And I don't think they will be able to convey why a customer has to pay at least $5 for a digital rental, when they can go to a local Redbox for $1.50.
    8 Feb 2013, 11:43 AM Reply Like
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