The streaming video service will be fine, it just won't rule the world
(NEWSER) - Yes, its stock has plunged 70% since July , and yes, it has shed 800,000 subscribers , but Netflix isn’t doomed, writes Holman Jenkins of the Wall Street Journal —it’s just not going to rule the world, either. The problem isn’t so much that people loved their red envelopes, he argues, it’s “that Netflix doesn’t license nearly as much content for streaming as it does on disk. On Netflix’s streaming service, there’s always something to watch, but seldom the thing you want to watch.” More»
