| If everyone else is an idiot, how come you're not rich?
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An interesting article for those of you annoyed with Netflix price increases. Quote: |
More likely an extremely non-crazy and non-stupid Reed Hastings is casting around for a way out of a very, very tight spot. *The DVD business, while less convenient, and more expensive to run, relies on something called "first sale doctrine": once you buy a DVD, you can rent it out as many times as you want. *Reed Hastings didn't need much help from content owners to get into that business. *Digital streaming rights, on the other hand, have to be negotiated
| If Everyone Else is Such an Idiot, How Come You're Not Rich? - Megan McArdle - Business - The Atlantic
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