Netflix is in the news for a few days now, and the news is not good. The stock took a major hit over the past days and went down to $155.00.
Where is that stock going? Well, Netflix was for while the top address for movies (I wonder why). They had a good business model, though. For a low fixed price one could watch movies in DVD format. Clearly, the price and the service provided was outstanding. However, it wasn’t very difficult to figure out that DVD mailing is not the future of watching movies Continue reading