Wednesday, February 25, 2015

Netflix is clearly the right thing successful companies. Offline Blockbuster video store in an era

Classics for Netflix manjam (Netflix) | Composition, contact the Silicon Valley story
Since the beginning of this article, read this blog much as the third was "The secret of success is excellent corporate culture Netflix. Despite the post was not clear for more than two years after the article, look to increase significantly each time it hits someone has tweeted a quote or even now, professing their corporate culture is still inspiring (inspiration) to many seems to be. Was a co-founder of the July 15, rotipeul, now Kim Dong-joo (mynameisdjkim) Mr working in the cocoa and read the article summarizes the interview had met Mr jeonganghun manjam working at Netflix headquarters. Netflix was fun to be described by comparing it to a 'baseball team. On the other hand, I spoke about the "performance-oriented" culture of shortcomings with Netflix, I had heard similar story and context to meet someone working at Netflix, the corporate culture they did two years ago, seems to be advocating is still well kept.
Netflix is clearly the right thing successful companies. Offline Blockbuster video store in an era where horyeong by the rise of Netflix walked the path of destruction, a whopping 32.7% of the total US Internet traffic has been accounted Netflix, Roku Box, Google TV, Samsung Smart TV and online video service There is no place to hit Netflix app did get caught device that provides.
However, investors point of view seems to be sober look at. Drag a whopping price is clamped to a whopping 17 trillion won Netflix reaches a market capitalization of $ 300 hit in July 2011 has now plummeted since then not exceed $ 100. Recent price 80-90 US dollars a stone near Memmingen, today announced the results after the ball fell to 16.66% more OTC went away to 67 dollars. Would have gone back to the price level in February 2010. But when I have a Netflix shares were disposed of all of last year saw the share price fall (fortunately sold, leaving a profit).
First, the price itself is too high. Share price at the time was almost the culmination jjikeotdeon 2011 P / E Ratio (Price to Earnings Ratio) is a whopping 80 or more. If you think that Google's P / E Ratio of 20 neighborhood manjam was too high levels. Rise over the summer from 2010 until the summer of 2011 by more than three times as much as the price of all high-growth companies, including Apple, Netflix was sensational sense, 'dot-com', which is comparable to the price due to speculative investments in the real value of the company, Compared manjam went up quickly. In fact, at that time I was alone, so expectations. DVD rental market manjam was conquered, it was quickly eroded by streaming video to market to Americans Netflix has been synonymous of "video rental" market was indeed the winner of the next go 'captain' lead generation. Provides the analysis and better data on the share price in February 2011 was about $ 240 at the time of Netflix stock price at Seeking Alpha, which is've climbed so I read an article that claimed manjam it was time to take a Short position. However, such claims as if laughing stock price is still climbed, July 08, 2011, and took $ 300. Then, it reads articles about it when the price is 260 dollars manjam a slightly bent JULY 26 Valuentum was provided by a company called Base, DCF (Discounted Cash Flow) using the model at the time, according manjam to the result of calculating the fair value of the Netflix Netflix price was ridiculously overvalued, 190 dollars in one week was very optimistic that information. A few months after that, Netflix shares fell instantly in 2011, around the end of October, has sat down to less than $ 100.
Second, raise their concert movie and TV rights company he embraced the price with a severe financial burden Netflix. Netflix is 'too' swinger first half of 2011, Sony, Columbia, Harwarders Brothers, MTV, Starz, etc. Disney owns the 'content' companies will ship sick. Netflix has a negligible share of the total market for some time and thought was standing in for the contract, the price is too cheap, "Netflix is Upon receiving the revered of all the people, and they will regret was said in the movie was too low. Eventually forces are on the side that owns the content. A two-year contract is due for renewal doeja time to July 2011, they raised the price close to 10 times larger. Prior to that Starz has announced it would not renew the contract with Netflix. Netflix is, of course, but so many wins this mighty power held by the company customers, when viewed from the position with content from Amazon, Apple and was only one of many companies that offer streaming video. Location of Netflix is bound to weaken when they refused to give the content.
Third, the competition has become so fierce. 2010 Sir, Netflix streaming video is getting manjam too hot to climb to hit the market first, Americans have suddenly re not the competitors still have to change the behavior of consuming content. Aggressively pushed the market that Amazon and Apple with big capital, manjam Google also has advanced. Replacing the time-consuming behavior of people, it was like a comet appeared in another service Hulu. Netflix is obsessed with movies Hulu was for so long for the drama light. Through Netflix realized the convenience of watching video online of what you wrote for the American people to upgrade your internet connection faster, Hulu went penetrate at high speed. Netflix and Hulu, providing both content differed it would be competing for the "end of time watching TV.
Amazon Prime Instant Video appeared in February 2011 in this situation was a big blow to Netflix. Then suddenly the company signed an agreement with Amazon, such as Sony, it was vowed to provide up to a whopping 5,000 movie titles manjam for free, for both Prime members. I've been wondering that Netflix worth just as much as the movie was not quite itneundeda go time, anyway, had to think Netflix or Amazon manjam Prime or title because most of the old movie would not be the same thing goes terminate Lee Dae Ro Netflix subscription (actually between the months thereafter Netflix had revoked). Netflix will pay $ 15 per month, but can be revoked, $ 79 dollars, Amazon Prime membership year is because they could not be terminated because of the absolute advantage of the 'two-day free shipping. Since then, Amazon has become a competitor to Netflix worth while processing the contract after another as Fox, MGM, Paramount. It was already high customer loyalty vast Amazon reserves were yieotgie manjam possible. Meanwhile, manjam Amazon is providing along with old movies, as well as the latest movies (of course, these movies are not free. Per episode $ 3.99 or pay a $ 4.99 can be seen by renting it for 24 hours.) Netflix than in some respects climbed a better service . Walmart has also recently acquired Vudu is a Verizon competes with Netflix.
Fourth, does that suddenly overwhelmed by the increased content licensing costs? manjam Netflix is placed a few irrational in 2011. Among the decisions of the people who bought the most immunogenic July 12, 2011, while separating manjam the DVD and streaming services at a price close to the time that a whopping 60% raise. Was a time unlimited DVD + streaming month $ 9.9, and access to such services, according to a new pricing policy had to pay a whopping $ 15.98 monthly. It is beyond the psychological $ 10 a month Maginot Line would like to get the crowd eotdeonga not. One meal lunch price of about $ 9.9, but rather seemed to be the star of money, say $ 15.98 As if suddenly felt quite a lot of money for dinner price. At that time I remember eating manjam lunch in the office with colleagues who have a Netflix story. Everyone said the sudden price hike live without angry Netflix, the movie had a decent anyway, it would start jilrigi called the state was much better finish doeeotdamyeo terminate the Netflix membership.
The second was an irrational decision that it would have been completely manjam separated on September 19, 2011, the DVD and streaming to different websites. DVD rental Web sites that only caught very awkward called Qwikster. Shopping in one place and up-to-date movie DVD, old movie was too confusing for those decisions that you enjoyed the bodeon streaming. In fact, I had not at the time of the decision. Netflix, but replace the blockbusters of the chimney industry, if not himself another major innovation in the streaming video age is a risk they'll have a chimney industry has multi. The so-called manjam Innovator's Dilemma (Innovator's Dilemma). Without a disruptive innovation (Disruptive Innovation) it is destined to destroy themselves manjam eventually rival. Netflix would have wanted manjam to somehow solve the dilemma of the innovations they've made.
But such a drastic decision, only to be praised, it made the decision carefully so fast without sufficient explanation to customers, Netflix, and I want the CEO Reed Hastings Were this not only. Can not remember at the time had to come occasionally shocking (?) E-mail from Netflix. If you do next month would just raise the price of 60%, then he would suddenly remove the DVD and then attach named Qwikster, then it was not long before the separation of Qwikster manjam was sent another e-mail completely negate commitment. But had a great loyal customers manjam for Netflix, they turned to such incredibly easy (or, neither), then 2011

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