What Netflix can teach you about your small business (TheGlobeAndMail)
It may be hard to imagine what Netflix, Inc. (NASDAQ:NFLX) – a public company valued at $12-billion, trading at a multiple of 74 times next year’s earnings – can teach your small business. But from channel development, exclusive licensing rights to technology, original content, to blowing up their own business model, there’s a lot to learn from the streaming service, and plenty you can apply. First, like you, Marc Randolph and Reed Hastings, the co-founders of Netflix, Inc. (NASDAQ:NFLX), came up with a business idea they thought was unique enough to attract customers and build a profitable business. They offered DVD rentals, delivered to your door with no late fees. This was unique and you can see why the entrepreneurs got excited.
With Netflix and other streaming services, the Internet is kissing cable TV goodbye (Syracuse)
Cable TV companies were looking the other way — “standing behind the door,” as my drill sergeant used to say — when customers complained about paying for 120 channels they’d never watch just to get the five or six they really wanted. What everybody wants, according to surveys, is “a la carte” service — paying only for what you actually want to see. The current system is like ordering a meal at a restaurant and being forced to pay for every item on the menu just to get your hot roast beef sandwich. You know how it goes. If you don’t do it, somebody else will. And that’s exactly what’s happening to television these days.
Netflix looks to hook subscribers with ‘Arrested Development’ (JapanTimes)
Online video service Netflix, Inc. (NASDAQ:NFLX) is hoping last weekend’s release of the resurrected TV series “Arrested Development” will generate more subscribers drawn to its wares. The award-winning show about the dysfunctional Bluth family returned Sunday, seven years after Fox canceled the series. “Arrested Development,” a comedy that won six Emmy awards during a critically acclaimed three-year run, is the third exclusive series from Netflix, Inc. (NASDAQ:NFLX) this year and is part of the company’s effort to add more original programming to a selection that consists primarily of old TV series and movies.
Does Amazon.com, Inc. (AMZN) Stand a Chance Against Netflix, Inc. (NFLX) and Yahoo! Inc. (YHOO)? (InsiderMonkey)
Amazon.com, Inc. (NASDAQ:AMZN), in another round of content deals, is expanding its content licensing agreement with NBC Universal Cable & New Media Distribution according to Zacks Equity Research. Amazon.com, Inc. (NASDAQ:AMZN) is falling behind in its content collection against Netflix, Inc. (NASDAQ:NFLX) which is why the company is stepping up its efforts. …Amazon directly competes with Netflix, Inc. (NASDAQ:NFLX) in the movie streaming space because Amazon.com, Inc. (NASDAQ:AMZN) believes that by providing a large content network, consumers will more easily purchase products and services through its Amazon Prime subscription service. I am skeptical of Amazon’s product positioning when basing it strictly from a financial standpoint.
BlackBerry Fans Rally to Boycott Netflix (PCMag)
It seems as if the CrackBerry fans have started a forum thread to not only voice their issues with Netflix, Inc. (NASDAQ:NFLX) not thinking Research In Motion Ltd (NASDAQ:BBRY) is important enough to port an app over to the platform, but to drum up support to boycott the service entirely. Netflix stated that the user-base isn’t large enough to warrant any effort to support Research In Motion Ltd (NASDAQ:BBRY) even before the latest crop of handsets were released. Now that the Z10 and the Q10 are out, there still isn’t any notion from Netflix, Inc. (NASDAQ:NFLX) to change its position. So the Research In Motion Ltd (NASDAQ:BBRY) faithful have responded and are canceling their current subscriptions in order to send a message to Netflix. At the time of this posting, the CrackBerry thread is close to 1,000 replies of people who have recently canceled (some with multiple subscriptions), or voicing their displeasure to Netflix, Inc. (NASDAQ:NFLX) for openly avoiding Research In Motion Ltd (NASDAQ:BBRY).