Scalper1 News
If you’ve seen “Trainspotting,” then you know that a baby in the movie dies of neglect as the adult characters get high on heroin. In a way, that’s what’s happening to Netflix’s (NFLX) DVD business. The company is high on its fast-growth streaming business and letting its legacy U.S.-only DVD-by-mail unit die a slow death in the other room. In a letter to investors with Wednesday’s Q3 earnings release, Netflix CEO Reed Hastings and CFO David Wells Scalper1 News
Scalper1 News