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Can 3D streaming save Netflix?

“The streaming video giant is rumored to be bringing 3D video to streaming subscribers. But is it enough to keep Netflix afloat?

At this time last year, nothing could touch Netflix (NASDAQ: NFLX [FREE Stock Trend Analysis]). As the only major player in the streaming marketplace, Netflix had a bit of a monopoly on the market. It also controlled a large part of the DVD rental space, despite fierce competition from Coinstar’s (NASDAQ: CSTR) kiosk service, Redbox. But then Netflix raised its prices, angered customers, and told the world that it no longer cares about DVDs. This has not sat well with customers, who loyally lined up to subscribe to the old Netflix, as they are now having a hard time coping with the new Netflix….”



Read more: http://www.benzinga.com/news/12/02/2376229/can-3d-streaming-save-netflix#ixzz1nd9HK0aO

  • 1 year ago
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