October 31, 2012
Netflix, already pounded last week when it had to acknowledge that it would badly miss a long-touted target of 7 million new domestic subscribers, took another hit today when it turned out that its international content expenses weren’t up 14 percent as stated in SEC filings. Those costs were up 348 percent. Who’s going to be left to invest in these guys by December? 
Read more here: http://www.deadline.com/2012/10/netflix-typo-q3-international-content-costs/

Netflix, already pounded last week when it had to acknowledge that it would badly miss a long-touted target of 7 million new domestic subscribers, took another hit today when it turned out that its international content expenses weren’t up 14 percent as stated in SEC filings. Those costs were up 348 percent. Who’s going to be left to invest in these guys by December? 

Read more here: http://www.deadline.com/2012/10/netflix-typo-q3-international-content-costs/

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