Netflix, Inc.Short
$NFLX seems overextended but look for it go further down
NFLX Short Idea- subscriber growth decrease
- decrease will continue
- Ad-supported lower subscription will be the death-knell to NFLX's unique selling proposition
- Crackdown on multiple use may risk further subscription loss
- Lower entry for other media companies to do ad-supported VOD
- Remember what NFLX did the Blockbuster?
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