There is a lot of aspects and assets that go into that equation: patents, rights, talent (contracts), brand name(s), real estate, the platform itself, and so on. Content itself is just one of these aspects and your perception is just that -- your perception. They've got an army of trained specialists to decide the quality of the content, audience, create content, and so on. The stock price reflects an even greater number of variables.
That having said, I hope they take a good hit which will lead to the leadership change however, I don't see it happening until we completed a full circle of this revolution.
You have to keep in mind that they are a near-monopoly which most likely adds some attractiveness to fund managers. Plus, I think there maybe be a bet on growth in foreign markets.
But judging from their financials, I think you may be at least partially right, at least in comparison with some other outfits I was involved with in the past.
There is a lot of aspects and assets that go into that equation: patents, rights, talent (contracts), brand name(s), real estate, the platform itself, and so on. Content itself is just one of these aspects and your perception is just that -- your perception. They've got an army of trained specialists to decide the quality of the content, audience, create content, and so on. The stock price reflects an even greater number of variables.
That having said, I hope they take a good hit which will lead to the leadership change however, I don't see it happening until we completed a full circle of this revolution.
https://www.google.com/search?newwindow=1&tbm=fin&q=NASDAQ:+NFLX
You have to keep in mind that they are a near-monopoly which most likely adds some attractiveness to fund managers. Plus, I think there maybe be a bet on growth in foreign markets.
But judging from their financials, I think you may be at least partially right, at least in comparison with some other outfits I was involved with in the past.