... and they can't raise stock valuations and thereby opening up access to more capital without doing just what they're doing, opening up markets, adding content, and getting their app on every device they can. Armchair analysis of Netflix's business model is fun but they have gotten by this long without needing to rely on internet forum advice. They've made some mistakes just like every other company out there. There was a time when Apple's board of directors was kicking out their CEO due to a three-year stint of record-low stock prices and crippling financial losses. Obviously that all seemed to have worked out for them. They'll be just fine, or they'll die and someone else will take their place. Give em a break and some time to sort out what they're doing
I for one was not offering Netflx internet forum advice
. I happen to believe Netflix will be around for awhile...and probably thrive ultimately. I was simply giving my take on the referenced article, which didn't make a compelling case, IMO, for a major turnaround any time soon. Unlike many in this forum, I'm not drunk on the Netflix kool-aid and have the ability to make a reasoned analysis based on observing the competitive environment and understanding financial filings such as the 10-K.
The first sentence in your first reply to my post, "a lower stock valuation only affects Netflix's capital if they're selling their stock"
, indicates that either you didn't read and comprehend what I noted, you don't understand how and why business sometimes need access to capital, or both. In the end, your armchair analysis, while spirited, is simply wrong.