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Posted

HBO's west coast people wanted to buy Netflix for $2B in 2007/08 but were rebuffed by big bosses in NY, who were still spooked by the AOL portion of their past.  They didn't trust tech and internet people for a long time after that.  

 

 

 

 

Posted

NFLX is in the news. Let's look at some chart porn. 3 year chart of NFLX by week;

nflx.thumb.JPG.ef1be6590b45e01e3a4189e4237f583d.JPG

It hit a high of $134.12 around the end of June just before earnings release. Humm... Now around $100 six months later. Don't follow this sector but something happened. Been a hell of a ride from the $27.34 for the previous 3 years.

Posted
Just now, Deleterious said:

Break out the popcorn.  Their offer is $108 billion.

 

LOL - Dollars to donuts which ever of these go through, the combined entity will end up dismembered again inside 10 yrs. These Hollywood/media marriages never seem to go well.

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