Quote:
Originally Posted by Lincolnian
No, the most rewarded idea was the ability to sit on your couch and click on a movie. That is what the market valued the most.
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To me, this IS a "disruptor" although there are others that follow the Netflix business model. I bought Comcast in the early 1980s. I once figured my cost basis at $2.25/share. (It split a lot.) It hit 40 or 50 before the dotcom bust and it's at $47.50 now. Fortunately I have only a few shares left. Remember when EVERYONE had to have cable? Remember how everybody complained as the cable companies got fat, dumb and happy "bundling" channels into overpriced packages so if you wanted HBO or Nickelodeon you had to get The Broccoli Channel and QVC? Remember how commercials crept back into "pay TV"?
And now we have options. In my case, it's Netflix only and I'm a happy camper despite the increase form $10/month to $13/month last year.