Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

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To: zax who wrote (536)	9/8/2011 1:00:31 AM
From: i-node	1 Recommendation of 2280

Even though there are months before their current agreement expires, Hastings said Netflix is looking for partnerships with other content producers to deepen its selection of movies and television shows so there likely won’t be a budget left for a Starz deal. “By the time that rolls around, that money will be spent and committed,” Hastings said. It’s worth noting, of course, that Hastings’ pessimism around the Starz deal could simply be a way of getting the pay channel back to the bargaining table. This is a really great response to the situation IMO. I can't help but contrast it with the deal in ~2004-5 when the CEO of Sirius Radio forked over cash and stock worth 3/4 billion to Howard Stern, a bonehead move if ever there was one. Hastings knows he is fairly well positioned, with or without Starz. Sure, the competition is heating up, as expected. But the war is still in its infancy.

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