Consider this Bear Case Scenario for Netflix (Nasdaq:NFLX) Netflix may be overpaying for much of its content. Amazon and Hulu are bidding up the price on library content to build their programming offering. This is one big poker game. Winner take all. Users chew up a lot of band width. Internet providers need to find a way to tax this traffic. They ill not let go on this point.
George Gutowski writes from a caveat emptor perspective.