Netflix , Inc operates as a streaming entertainment service company.
The firm provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail.
It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD .
The main reason why we pay for a subscription service is to avoid having adds in between our streams. Netflix was winning in this because, you could choose what you want to see and not be disturbed or have to pay to have no adds.
Now, they want to add ads and we now have to pay not to have ads... why would you ? While the news sounds bullish on revenue streams in the short term, they are likely to shed more subscribers due to this in long term, they were already losing subscribers due to competition.
But I could be wrong. For now, I am short the stock till next update. Target price $145.51
The firm provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail.
It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD .
The main reason why we pay for a subscription service is to avoid having adds in between our streams. Netflix was winning in this because, you could choose what you want to see and not be disturbed or have to pay to have no adds.
Now, they want to add ads and we now have to pay not to have ads... why would you ? While the news sounds bullish on revenue streams in the short term, they are likely to shed more subscribers due to this in long term, they were already losing subscribers due to competition.
But I could be wrong. For now, I am short the stock till next update. Target price $145.51
Comment:
Netflix starting to breakdown on the 8 month bear flag.