Post by Rukh O'Rorke on Jun 13, 2017 16:05:50 GMT -5
Hi all....some input requested...
Long ago, I became a Netflix fan. Bought stock and signed up, cancelled block buster card.
I bought a modest amount at $11/ share. It's now $150after a 7 to 1 split. My modest amount grew to 25% of my retirement savings.... like a good ymer, I sold half.
I'm trying to determine it's place and percentage in my portfolio, but I don't know what it is anymore. It doesn't or can get license to stream a lot of what I want to see as a customer while it's Netflix original offerings are rapidly increasing...
Netflix hit Cannes this year. Their 13th is one of the best documentaries of the year. Their original content is better than most of their other stuff these days, but they continue to privide other services for those who want it. They constantly offer update and innovation. So far they have anticipated quite well and constantly strive to be the cutting edge of what entertainment is becoming.
My impression of what they are...primarily they are now a producer of original content (at least in terms of getting/keeping subscribers). They now have ENOUGH original content that I think that's ok for them as a business model (as opposed to a few years ago when you could just subscribe for a month, watch the 1-2 shows you liked by them, then cancel the rest of the year). They're also a good binge-watch of older tv shows/seasons, though frankly I don't think there's enough demand for that to bring in new customers...but it may keep customers happy enough to not drop the service.
I'll be most interested to see if they ever really stop offering binge-watch options on their original content. That seems to be the way things are moving, produce original content, but stop releasing the entire season on Day 1. Personally, I think that's the right way forward.