• If you want to predict the demise of Netflix, go ahead—but somewhere there’s a hat for you, ready to be eaten.
• Slate writer James Ledbetter • Reminding all you jerks not to count out Netflix, because they’ve actually been hugely successful over the years. Ledbetter suggests it might be because the model at launch seemed so simple – they did one thing (rent movies via mail) and did it really well. Despite the many naysayers, the company’s currently trading at $130 and has a very successful digital video platform that even Apple’s bowing to. As a wise man once said time and time again: Haters gonna hate. source

Posted by Ernie Smith • Permalink