Netflix is quickly evolving, with bold strategy into original programming. They are taking on big media networks, competing with them for most valuable resources - Talent. Chris Rock reportedly doubled his payday to $40 million, from what he was making at HBO. Netflix is planning to spend $6 billion this year on original programming, aggressively borrowing to fund that strategy. Many of their original series has won awards, and media networks are really concerned about new Netflix competion. Netflix stock has been doing very well, with investors bullish on long term Netflix prospects. Is Netflix going to do to HBO, Showtime, and other Networks what Amazon did to Borders? Netflix already has precedent ofd driving established giants like Blockbuster out of business.
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