I'm reading about this now...ya know....I want to throw some money at NFLX now. Be a good entry right here. Yeah profits down because they are leveraging the business to expand into new markets. What's not to like about that? Yeah, competition is heating up for them, but I think people overlook just how strong the brand is.
Amazon could be a real contender, but HBO "Go", etc and the other weak attempts at streaming content by other networks are a joke IMO.