Netflix Will Not Come To Cable

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HFA Staff
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A report from The Street asserts that there is little chance of Netflix, Inc. (NASDAQ:NFLX) offering its services as part of cable packages in the medium term. The piece, which was authored by Rocco Pendola, says that Netflix is not coming to Comcast Corporation (NASDAQ:CMCSA) or Time Warner Cable Inc (NYSE:TWC) services any time soon. The piece flies in the face of a recent narrative that has been following the company. Pendola appears to be pretty skeptical when it comes to Netflix, Inc. (NASDAQ:NFLX). He says “Don’t put much stock into what comes out of the mouths of Netflix CEO Reed…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.