{"id":20,"date":"2011-10-25T22:10:44","date_gmt":"2011-10-26T05:10:44","guid":{"rendered":"https:\/\/blogs.ubc.ca\/spence\/?p=20"},"modified":"2011-11-24T23:18:28","modified_gmt":"2011-11-25T06:18:28","slug":"netflix-followup","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/spence\/2011\/10\/25\/netflix-followup\/","title":{"rendered":"Netflix Followup"},"content":{"rendered":"<p><a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/netflix-stock-crushed-as-subscribers-flee\/article2212024\/\">Here\u2019s<\/a> an interesting article that follows up on the Netflix situation discussed in class. It follows up on the huge losses brought forth by recent price increases. Upon checking Netflix\u2019s long term stock performance, it shows that it\u2019s valued at roughly the same point as September of last year. However, this is a colossal drop from its peak in July. Here are Netflix\u2019s stocks in the last five years.<\/p>\n<p><a href=\"https:\/\/blogs.ubc.ca\/spence\/files\/2011\/11\/charting-11.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-24\" title=\"charting-1\" src=\"https:\/\/blogs.ubc.ca\/spence\/files\/2011\/11\/charting-11-300x133.png\" alt=\"\" width=\"300\" height=\"133\" srcset=\"https:\/\/blogs.ubc.ca\/spence\/files\/2011\/11\/charting-11-300x133.png 300w, https:\/\/blogs.ubc.ca\/spence\/files\/2011\/11\/charting-11.png 621w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>According to the article, the CEO claims the loss of customers should level off \u201cas the price effect washes through.\u201d\u00a0 Sure, but what about the company\u2019s future? Netflix\u2019s previous successes were made possible through technological advancements \u2013 what used to take several days to download now takes minutes. But, this means that other channels of distribution, legal or not, are becoming more and more convenient as well. For Netflix to flourish, their prices must be low enough to justify the \u201cinconvenience\u201d of downloading through alternate routes such as BitTorrent and Usenet. Personally I believe Netflix\u2019s prospects are dim unless they rethink their business model. Their advancements heavily rely on copyright issues, which is slow and is unlikely to keep pace with how convenient the free means of distribution are becoming.<\/p>\n<p>Link:\u00a0<a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/netflix-stock-crushed-as-subscribers-flee\/article2212024\/\">http:\/\/www.theglobeandmail.com\/globe-investor\/netflix-stock-crushed-as-subscribers-flee\/article2212024\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here\u2019s an interesting article that follows up on the Netflix situation discussed in class. It follows up on the huge losses brought forth by recent price increases. Upon checking Netflix\u2019s long term stock performance, it shows that it\u2019s valued at roughly the same point as September of last year. However, this is a colossal drop [&hellip;]<\/p>\n","protected":false},"author":9268,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/posts\/20","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/users\/9268"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/comments?post=20"}],"version-history":[{"count":5,"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/posts\/20\/revisions"}],"predecessor-version":[{"id":27,"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/posts\/20\/revisions\/27"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/media?parent=20"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/categories?post=20"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/spence\/wp-json\/wp\/v2\/tags?post=20"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}