Monday, July 11, 2011

TROUBLE AHEAD FOR NFLX?

"Fast forward to 2011, and online movies and TV couldn't be hotter. Google, Amazon, Hulu and others have jumped into the fray -- putting studios in the power position. They want to be paid more for the content they're providing.

That spells trouble for Netflix's streaming content costs.

"Netflix has another year or two on most of these contracts, and then the game completely changes," says Michael Pachter, analyst at Wedbush Securities."


MOST of their NEW subscribers go for the streaming $8 a month service, THAT can easily be competed against unlike distribution network for mailing movies. 

2 things missing from streaming? BLUE RAY QUALITY, NEW RELEASES....once that is fixed.....game over, imho

Duratek

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