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Non-Tech : Binary Hodgepodge -- Ignore unavailable to you. Want to Upgrade?


To: ~digs who wrote (722)11/9/2003 3:32:16 PM
From: ~digs  Read Replies (1) | Respond to of 6763
 
Netflix, TiVo, and XM Satellite
Message 19476628

XM is growing subscribers at a record-breaking pace, claiming adoption rates that top the Internet's early rates. TiVo's service has taken several years longer to reach a million subscribers. Netflix, however, has reached the million mark in relatively short order, too. But XM expects to double its subs to 2.4 million in 2004, while TiVo and Netflix haven't made projections that ambitious. Netflix aims for 5 million subs in 2007.

Still, even if you double XM's subscribers, at the current share price each would be valued at $1,250 at the end of next year, or a whole 10 years worth of service (before any price increases). This is a valuation "lead-time" per subscriber that even Time Warner's (NYSE: TWX) AOL never saw in its early days.