USCTrojanCPA said:
I still stick to my belief that NetFlix stock is heading into the $40s in 2012.
Still?
I think the next step for Netflix is to try a pay-for-content model like iTunes.
I would gladly pay $1-$2 for a one-time stream of recent DVD releases. This would help them stave off the Redbox barrage.
I know Amazon Prime and Blockbuster On-Demand are something like that but those are on a computer while Netflix is already TV-connected (where I prefer to watch movies) and they should capitalize on that. Redbox already demonstrates people are willing to drive to the grocery store to rent a movie for a low price... what more if they can just download to their TV without the inconvenience?