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Netflix Recession Proof?


cdanteek
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Netflix reports Q4 profit

 

Netflix reported earnings and revenue that bested analyst predictions and the company's own guidance, and future guidance was for growth, whether the economy recovers or not.

 

The company that made the DVD-by-mail subscription business a phenomenon said net income rose 25% to $22.7 million and revenue was up 19% to $359.6 million.

 

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article...click here...

 

Netflix reports Q4 profit

 

Netflix reported earnings and revenue that bested analyst predictions and the company's own guidance, and future guidance was for growth, whether the economy recovers or not.

 

The company that made the DVD-by-mail subscription business a phenomenon said net income rose 25% to $22.7 million and revenue was up 19% to $359.6 million.

 

 

Another way to recession-proof your company is to increase fees on desireable items. :)

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The new rates announced Monday are being driven by the growing appetite for the Blu-ray format among Netflix's more than 10 million subscribers.

 

Since September, Netflix has added more than 1.3 million customers and its stock has surged more than 30 percent.

 

All monthly fees will remain the same for customers who exclusively rent standard DVDs. Netflix is trying to make it easy for people to avoid the new surcharges by disabling the Blu-ray preference in their rental accounts.

 

If you want Blu-ray 'YOU' pay for it, not me..... :)

 

cd

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