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  4. Nanotech Entertainment Inc. (NTEK) Message Board

***Mitch Lowe***Former Netflix Inc. (NFLX) Exec Go

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Post# of 96897
Posted On: 08/11/2016 8:10:16 AM
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Posted By: Krisandtilly
***Mitch Lowe***Former Netflix Inc. (NFLX) Exec Goes For Reed Hastings’ Jugular

The fact that Mitch started MoviePass in a bid to give users access to fresh movies in all the major theaters is forcing Netflix (NASDAQ:NFLX) to increase its content library. John Landgraf, CEO at FX Networks observed that Netflix is leading the surge in scripted TV shows in order to keep viewers glued to its platform. He however observed that there is so much U.S. television, we’ve lost much of the thread of a coherent, collective conversation about what is good, what is very good and what is great.”

If Mitch Lowe had left to establish another streaming firm(ULTRAFLIX?), investors might have not have many reasons to be worried. One would expect him to launch a streaming service that has found a way to fix the lapses at the giant streaming firm. But Reed Hastings’ firm would have been able to use its sheer size to stay ahead in the game.

http://learnbonds.com/130575/former-netflix-i...s-jugular/


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