Is It Smart to Bet Against Netflix?
I recently finished the book Netflixed, by Gina Keating. Besides being a fantastic read, the book had plenty of insights into the company’s management team and business model. It is a must-read if you are long or short the stock (disclosure: I’m neither). The book was published in 2012, so it misses the last seven years of Netflix’s history. However, I think the story holds up well even with the TV landscape changing dramatically during that time. Reed Hastings is still the C
Disney, Netflix, and Sports
Why would you need anything else? At the Apple event this week, they announced the price point for their video streaming service: $4.99 a month, and free for a year if you buy a new Apple device. That’s a great deal for consumers, especially compared to the pricier streaming options like Netflix or HBO. The problem is, I can’t come up with a reason why anyone would want to subscribe to it. Demand for video content has already been filled, and Apple is coming in with no season