Sunday, November 25, 2012

Opinion: Netflix is bluffing and it will be their downfall

Techcrunch has a very interesting article on the future (or there lack of) of Netflix.

"In case you haven’t noticed, wannabe Hollywood analysts, er sorry, I mean tech bloggers the world over, are breathlessly opining and propagating news about Netflix CEO Reed Hastings estimate that Amazon is spending up to $1 billion annually on content for Amazon Prime. Meanwhile, outside of the Silicon Valley Distortion Field, a.k.a. back in Hollywood, everyone who hears the exact same statistic is thinking: “So… what’s the big deal?”

highly recommended

more here

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