Subscribe[flv width=”360″ height=”290″]http://www.phillipdampier.com/video/Bloomberg Netflix Business Model Not Sustainable 1-25-12.mp4[/flv]
Porter Bibb, managing partner at Mediatech Capital Partners LLC, and Kevin Landis, chief investment officer at First Hand Capital Management, discuss Netflix Inc.’s fourth-quarter results and outlook. Although results improved, a large amount of Netflix streamed content licensed from Starz will disappear this month. More importantly, their long term business model is “not remotely sustainable” as programming acquisition costs continue to skyrocket, says Bibb. Bibb and Landis speak with Emily Chang on Bloomberg Television’s “Bloomberg West.” (6 minutes)
It would be nice if they let you pay per view, such as $1 for SD or $2 for HD, for those customers who don’t want to commit to a unlimited $8/month plan.
There are services out there like that. For example Amazon is usually about 3 bucks per. With some stuff free if you use their prime stuff. Interesting view on the dynamic of what Netflix is up against. One dude is saying they have a nice customer base. The other is saying they do not have the cash going forward to buy more content. The more content is exactly what I hear from most people who have netflix. Lots of crap 80/90s b movies. Missing lots of blockbusters from years past. Hit or miss on latest blockbusters. Their mail business is… Read more »