AT&T Inc. (T), Time Warner Inc (TWX): These Companies Are Investing in Video-on-Demand

Netflix added in the first quarter of 2013 over 3 million streaming members to bring the total number to just over 36 million. According to Engadget, the company believes it can grow to 60 to 90 million U.S. subscribers due to the service’s attractive low price and simple format. Its global net income was $3 million, which includes a $25 million loss from a debt extinguishment, and its EPS was $0.05 a share. In the first-quarter of 2012, Netflix had a loss of $5 million and lost $0.08 a share.

Conclusion

As long as there is demand for the availability of TV and movie content on a variety of platforms, VOD should succeed as a format that allows consumers more freedom to access content from anywhere and at their own leisure. As these companies are investing in high quality content and the technology that delivers it to the consumer, and as such, this segment should continue to perform well.

The article These Companies Are Investing in Video-on-Demand originally appeared on Fool.com and is written by Eileen Rojas.

Eileen is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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