We have to take on even more debt to hopefully create content

Netflix spends $8 Billion a year on content creation with estimates of up to $13 Billion this year. Disney, Apple and NBC have very deep pockets reserved for content creation. We? We have to take on even more debt to hopefully create content beyond the promised reruns of Friends.

And then what? Tell folks to buy our magic box and plug it to their Internet and pay us money for 20 hours of DVR storage and only 2 TVs on at a time? My clients with 15, 20, 25 receivers and 3 TBytes of external storage on their Genies are going to love this.

Couldn’t agree more with @XaWmb5w-lzz .

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Netflix is desperately trying to get as much content as they can because they know D-Day is coming sometime this year. They’ve got to battle Fox/Disney, AT&T, Comcast and Hulu, and it’s not going to be pretty for anyone.

What Netflix have going for them is 100+ million subscribers and brand recognition. Brand recognition so powerful and magnetic that Randall and John lose sleep over it.

The money will come from swift job reductions, heavy offshoring and contracting business units. No brainer.

Thread regarding AT&T layoffs

We have to take on even more debt to hopefully create content

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