Thursday, 26 January 2012

Reed Hastings: ?We Expect DVD Subscribers To Decline Every Quarter ? Forever?

Reed-Hastings-2After some fairly sizable blunders last summer, Netflix suffered for the remainder of 2011, losing money and subscribers. Perhaps surprising many, Netflix bounced back today in its fourth quarter earnings -- in spite of the fact that it will continue experiencing losses throughout 2012 thanks to the costs of rolling out its service internationally.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/32Ebfvlx4eQ/

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