Users threaten to quit Netflix

[CHOPTALK]

Google is in the best position to compete with Netflix, I'm quite surprised they're not jumping in yet.

Would love to have ONE STOP info, finance, media, entertainment...etc.

Amazon is clearly the favorite.

They already sell DVD's, all they have to do now is rent them out.
They have the distribution better then Netflix.
They already sell streaming video.
They have ALL the tech right this second to start doing what netflix does right this second.
Jeff Bezos is the king of selling high volume at low margins.
He has the cash and the structure to open up shop offering everything Netflix does as early as today.


It would take some work for Google to do the same thing.
They are not as ready as Amazon.

 

[snoop]

They're negotiating to buy HULU, hopefully they're serious about video streaming business.

More competition is always good for consumers, also I don't think mail distribution is a big deal. Online streaming/ and digital distribution is a game going forward.

 

[TheComputerGroup]

My sister has Netflix & likes it. I never asked her but why dont most of you just get your movies from online with them instead of getting the dvds by mail?

 

[barman]

At this time for most all content, Netflix does not offer it in streaming until 18-24 months of DVD-only exposure.

 

[DJDalamar]

I didn't cancel them but I did go down to the 4.99 a month 2 DVD plan. There isn't anything really worth watching on stream to me and I only did about 2 DVD's a month anyway.

2 DVD's mailed to your house for 4.99 is a fantastic deal. Postage probably cost close to that.

 

[Jstack34]

My sister has Netflix & likes it. I never asked her but why dont most of you just get your movies from online with them instead of getting the dvds by mail?

Much bigger selection thru dvd as opposed to instant streaming

 

[kobefan08]

These 2 billion content fees for 'exclusive' rights, how long is this contract until? A competitor like amazon/google would they have to wait until netflix exclusive contracts are over before they would really consider entering that market?

 

[Dude]

Stock price controlled by usual wall street suspects. Seems to be some kind of toy to them, they keep manipulating it higher defying reality at every turn. Stock is 90% owned by institutions and the retail money piles into shorting it. Keep squeezing the shorts as they push it to mind blowing levels. Trades at roughly a 70 pe right now.

imo not only is the stock price manipulated beyond belief but the company itself is more or less a scam. Their business model was never going to generate a penny in profits barring a wildly unrealistic rise in subscribers (talking 3-4x as many as they have now) after they committed hundreds of millions, actually into the billions, in content costs. They have been cooking the books pretty badly the past few quarters, getting worse every time, and when you analyze deeply their operating cash flow is virtually nil. They have almost 2 billion in "off" sheet balance obligations that should be hitting the books in the next couple years. Considering they have almost no cash its inconceivable to me they can meet these costs.

Recommend taking a look at shorting it or better buying some way out of the money leap put options. This is an Enron type disaster waiting to happen. Perhaps another pump here or there but this joke is almost up.

Great Call HPark.. Stock getting crushed in after hours down 21 to $255 on earnings and forward looking guidance down..

 

[HPark1]

Great Call HPark.. Stock getting crushed in after hours down 21 to $255 on earnings and forward looking guidance down..

Should be just the start, this is going to zero. Any short should be a double if you wait it out.

Their off balance sheet obligations have increased further to over 2.4 billion dollars, I cannot believe this is legal. Their new pricing plans will stall subscriber growth at best and eventually begin the reduction of subs as serious competition moves in. Their new pricing brings them down to Blockbuster's and Redbox's price point on the dvd side. And I expect a serious player to buy Hulu soon and begin to take away market share on the streaming side.

In the end competition won't matter as the company can't pay its future obligations, but competition will accelerate the collapse.