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Re: Bunim/Murray chooses Avid

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Andrew KimeryRe: Bunim/Murray chooses Avid
by on Jan 7, 2012 at 1:46:31 am

[John Heagy] "Correct, at $7.99 instead of ten times that for Sat or Cable. The scale required is trending down."

$7.99... on top of whatever you currently pay your ISP, presumably a cable, satellite or phone company, for high speed internet. And who knows what state Netflix will be in a couple of years from now.

Netflix seemed poised last year to spin off it's DVD business to raise capital and when that failed they had to hold a private stock sale and announce to investors not to expect any profits in 2012. Not to mention that the sweetheart deals they used to have for streaming rights are expiring and their licensing costs might jump from $180 million in 2010 to an estimated $2 billion this year.


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