Should You Consider Netflix?
T = Trends for a Stock’s Movement
Netflix is an Internet subscription service that streams television shows and movies. The company’s subscribers can watch unlimited television shows and movies streamed over the Internet to their televisions, computers, and mobile devices. In the United States, subscribers can also receive DVDs delivered to their homes. Netflix has revolutionized the television and movie industry with its services.
Yesterday, Netflix CEO Reed Hastings announced that due to the company’s recent higher-than-expected growth in the first-quarter of this year, prices for subscribers will be increasing “later this quarter” by $1-$2 a month. Of course the moment this announcement came down, the Internet’s loud-speaker was pushed to eleven as customers across the country took to social media to express their disapproval. Ignoring the general concepts of business expansion, what these detractors fail to realize is the ways in which this price increase benefits them and the medium they love so much, and how no matter what they do, the outcome can only be positive.