I think we have a good Idea about all of this ! Go
Post# of 17650
I think we have a good Idea about all of this ! Good Job B D !
The death of appointment viewing
Like Saturday morning cartoons, programs were televised at certain times and only then. If you missed it, maybe you could tape it or catch a rerun. Streaming on Netflix (NASDAQ: NFLX ) enables subscribers to binge, to watch anything at any time from any computing device with internet access.
Netflix has first mover advantage to attract subscribers. The company signed up 2 million more US subscribers in Q1, handily beating the company's own guidance and pushing the stock up 22%.
Not content to "rely on the kindness of strangers," Netflix is making expensive deals with big networks and studios so that it, like Yahoo! and Amazon , can create its own original content.
Its original "House of Cards" offering generated a "very nice impact" on earnings, according to CEO Reed Hastings. He hastened to add the $100 million in production costs were similar to the lower end of deals with networks. Q1's success helped the company decide to expand its original offerings.
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