As much as I want very badly for NTEK/UltraFlix to go
As much as I want very badly for NTEK/UltraFlix to go gangbusters, for me the key takeaways from that story are the following:
"Neither the theater business nor the pay-to-see OTT businesses are booming."
and
"The pay-to-see crowd is having a hard time competing against subscription services such as Netflix, Hulu and Amazon, which offer both types of OTT services." [Emphasis mine]
and
"M-GO competes against tough and deep-pocketed competitors such as Apple’s iTunes, Walmart’s Vudu and Amazon’s Prime" ...."plus upstarts such as UltraFlix."
I don't believe the writer intended to include UltraFlix in the same realm as "Apple’s iTunes, Walmart’s Vudu and Amazon’s Prime" when it came to the "tough and deep pocketed" aspects mentioned but rather added them because they are indeed in the same space as far as the type of service offered or in essence the "pay-to-see" space. imo
By the sounds of it, if services like UltraFlix including the tough and well heeled service providers like Walmart, Apple's iTunes and Amazon Prime are being exposed as having a hard time competing with the likes of NetFlix, Hulu and Amazon subscription services as borne out by what was referenced at the end of the excerpt here it reads: "That’s shown by the percentages of online bandwidth that the various services use.".
I can only try and imagine how difficult things are going to get for UltraFlix given the fact they are not well heeled nor tough when compared to the others in their space and should the big boys decide to rev up their engines and drop their clutches, UltraFlix could end up very quickly being a distant memory in the mirror of those competitors.
I grant that UltraFlix could wind up being an easy takeover target during some consolidation period but it's difficult to fathom their trying to match wits or resources with the likes of Walmart, Apple or Amazon in the immediate sense not to mention the many other startups who are likely to be nipping at the heels of UltraFlix in short order. BTW - Thanks for bringing the story to everyone here's attention. Good Luck! imo
Nanotech Entertainment Inc. (NTEK) Stock Research Links
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Throw away those dusty, old reputation surveys—Davos Healthcare just turned the spotlight onto cold, hard data with its new global hospital evaluation platform. Why Davos Healthcare’s Initiative Matters At the C3 US NYC Davos of Healthcare™ Summit, an event that’s rooted itself alongside the United Nations General Assembly, Davos Healthcare unveiled a...
Continue Reading
AI-Driven Insights: Revolutionizing Private Equity Strategies Now this is some spicy news from Huntington Beach! Collective just pulled back the curtain on Compass, their AI-fueled platform that's set to shake up how financial advisors tackle private company equity. If you're an advisor who's sick of staring at nebulous balance sheets filled with unquantifiable private...
Continue Reading
Revolutionizing Financial Operations: FutureVault's AI Approach In the dizzying whirlwind of financial services, the launch of FutureVault AI Agents is a game-changer for document management. This isn't some half-baked tool; it's a full-fledged overhaul of how compliance and operations should tick in the modern age. We've all seen it—a paper trail tangled across systems...
Continue Reading
Lumi: Changing the Car Buying Game Picture this: You're browsing for a new car, head filled with specifics like towing capacity, price points, and trim options. Usually, such queries would send you bouncing around the web, but Lectrium's Lumi promises to keep the questioning—and decision-making—right on the dealership's page. In a move set to shake up the game,...
Continue Reading
Glo Taps Top Wellness Expert for Women's Health Initiative In an industry brimming with wellness voices, it's rare to find one that marries scholarly acumen with authentic, personal teaching. Yet, this is precisely what Dr. Desi Bartlett brings to the table as she partners with Glo to offer new fitness programming specifically targeting women facing perimenopause and...
Continue Reading
When Maesa pulls back the curtain, they don't just crack it open—they fling it aside with flair. That's precisely what they're doing with their latest venture, Anecdotes by Artists, a fragrance brand that's taking its first bow exclusively at Sephora. It's not your average perfume launch; it's about the stories behind the scents and the artists who craft them. Unveiling...
Continue Reading
In the sprawling world of antibody discovery, where every scrap of data can make or break the next big breakthrough, FairJourney Bio (FJBio) is pulling out all the stops. They've teamed up with Sapio Sciences to ditch the paperwork nightmares and usher in a new era of AI-driven efficiency. With operations stretching from Porto to Cambridge to sunny San Diego, they’re...
Continue Reading
Decades of an Unchecked Revolving Door The Environmental Protection Agency (EPA) and chemical manufacturers—a dance that’s been going on for what seems like forever. But not in the way you might hope. We're talking about a revolving door where execs and lobbyists waltz into regulatory chairs while regulators slide into cushy industry gigs. Wisner Baum LLP, a stickler...
Continue Reading
America's New Obsession: Convenience at a Cost Diving into the relentless hustle, Americans are shelling out big bucks to dodge life's mundane chores. A fresh survey dished out by FinanceBuzz, hitching a ride with Bank of America, gives us a peek into how hooked everyone is on convenience services like food and grocery deliveries. It’s clear people are ready to fork...
Continue Reading
Dallas' Hot Market and Machine's Bold Move Well, well, looks like Machine Investment Group's been busy flexing its real estate muscles, bagging a 490-unit gem in North Dallas—your typical, no-frills off-market grab. We’re talking 75 West, nestled in a juicy infill spot, and it’s catching eyes like gold dust in a pan. You don't need me to tell you North Dallas ain't...
Continue Reading
Top 5 Most Recently Viewed Articles
BMO Capital Stays Optimistic About CrowdStrike Stock BMO Capital has reaffirmed its positive outlook for CrowdStrike Holdings (NASDAQ: CRWD) by maintaining an Outperform rating and setting a price target of $315.00 for the company’s stock. This encouraging review follows the recent Fal.Con 2024 user group and analyst event conducted by CrowdStrike, where the firm's...
Continue Reading
XBiotech Investigation: Understanding the Current Situation XBiotech Inc. is currently under scrutiny as Pomerantz LLP, a leading law firm, investigates claims on behalf of investors. This situation arises from potential securities fraud and other unlawful business practices involving certain officers and directors of the company. Investors are encouraged to remain...
Continue Reading
Understanding FedEx's Options Activity In the world of finance, observing options activity can offer unique insights into stock performance and market sentiments. FedEx Corp (FDX) is no exception to the attention of savvy traders and institutional players. Recently, an analysis of FedEx's options transactions unveiled notable patterns that merit discussion. Current Market...
Continue Reading
Northern Trust’s Business Owner Benchmark Report Northern Trust has recently published its third Business Owner Benchmark report, showcasing the ambitious plans that business owners have for the future. The insights are drawn from a survey conducted among Northern Trust’s business owner clients, revealing a willingness to embrace significant changes despite varied...
Continue Reading
Post Holdings Unveils $600 Million Senior Notes Offering Post Holdings, Inc. (NYSE: POST), a prominent player in the consumer packaged goods sector, has recently announced a significant financial step by issuing $600 million in senior notes. This issuance, as reported in an 8-K filing with the Securities and Exchange Commission, carries an interest rate of 6.250%, with a...
Continue Reading