Great analysis. The 4k tv sales has been shattered all predictions from day 1. I think 65-70% of all TVs by 2019 will be 4k. As you mentioned add other stream in devices like tablets and cell phones yes it will be easy we are talking about 300 mil devices replacement. At 3% (by the way by right marketing this can go to 5-10%) we are talking about adding close to 10 mil subs. I think people forget to include gaming tool this is also huge mrkt. I have been saying for long time when considering subs revenue we need to use $10 per sub and if there are theater movies or events then need to add $ to original sub revenue per sub. Based on my review of Netflix q statement they made $45 mil on around $1.7 bil revenue last q. This gave them 2.7% profit. Not good at all. We know that 4k model will take much more resources as well as $ to generate the program. This will eat to their profit margin big time. Can they stay at this level I don't know.
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