Netflix and Blockbuster may have challenged the industry, but is the industry
all that
challenging anymore? What I mean by this is that personally, I think the US
movie industry
is slipping big time, as is most entertainment. Quality is down, commercialism
is way up.
Most mainstream movie releases are pretty weak until this time of year, and
Hollywood
saves their good films for the Oscar push. That gives us 11 months of marginal
crap and 1
month of movies for movie lovers.
I have a lifetime subscription to Netflix from my old job, and I've seen all
the movies I
always wanted to see by now.
Many of us have too many distractions to be able to devote 2 hours to watching
a movie,
at least as far as the younger generation goes. Myspace, video games, the
internet in
general, text messages....all of the so called great technological innovations
that make our
life so great are alienating us more then ever, and shortening our attention
spans as time
goes on.
--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote:
>
>
> >
> > Netflix, Blockbuster, etc. has challenged the industry.
> >
>
>
> For those that want to isolate themselves night after night.
> Blockbuster is a disaster waiting to collaspe, trading at their 52
> week low, pays no div, trading at less their 52 week high.
>
> NEtflix,is off their 52 week 1 year ago tomorrow, but 50% above their
> 52 week low, trading at 23.32 - no div either. Netflix survived
> walmart challenge and Blockbuster's blown shot at returning stuff to
> the store campaign, forgetting the most people are real lazy and
> don't want to leave their home AND, that the technology for video
> delivery over the 'net is here and continue to improve day by day.
> Netflix has also survived Amazon's Unbox (because no udnerstands it
> yet). Youi also have the $1 dvd rental machines around and iTune
> delivery along with all the "illegal" file sharing networks.
>
> So us old farts might go to a store to rent a vid, watch one of the
> 900 channels delivered by cable or sat - but the kids and not so kids
> can download the stuff right to the new iTouches (which ARE very,
> very clear and you can watch tv easily - Tommy skip the Wii and get
> that for your kids)
>
> What's next for NetFlix?
>
> With no dividend, there's other opportunities in the market. Skip the
> Analysts.
>
> That's my view on it.
>
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