I call B.S.
I reckon the average entertainment consumer doesn't truly understand Netflix's incredible value. Even $14.99 or $19.99 would be a steal. Netflix offers nothing short of a sweet deal, as content owners and cable/satellite providers continue to shaft us without kissing or buying us dinner.
Netflix needs to find a way to tell this story.
Cable/Satellite vs. NetflixOur household subscribes to DirecTV (DTV). We pay $64.98 a month; however this includes about $24.00 in discounts we received after threatening to cancel. When there's hockey, we pay $179 for one season of NHL Centre Ice. I would cancel if not for my wife, child, sports and sports. We subscribe to Netflix streaming for the paltry sum of $7.99/month. We watch Netflix through an excellent $50 Roku streaming device. Here's what we watch on satellite. My kid likes the Nickelodeon programming. SpongeBob. iCarly. Victorious. She catches new episodes as they come on. You cannot do that on Netflix. My wife and kid enjoy The Voice on NBC. They could watch shortly after airing -- online at NBC's Website -- but I just can't get them to take that step. My wife and I watch some HGTV that we could not stream. And, although we could stream it or watch it on DVD, there's something about just watching random episodes of Seinfeld and Friends as they come on, as selected by somebody else. That's pretty much the extent of it for our satellite viewing. If you watch more than that -- and you probably do -- you're even less likely to drop cable or satellite. That actually makes Netflix a better value. Work sports into the mix and cable/satellite becomes an absolute must. I watch hockey nightly. I could buy the package through Roku, but I have heard horror stories about the reliability of streaming live sports night after night. So, we keep satellite to have relatively reliable access to hockey.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV