Liberty Starz Battle with Netflix Could Have Larger Ramifications to the Future of Media

Symbols: LCAPA, LINTA, NFLX, SIRI
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Is Netflix(NASDAQ: NFLX) now officially “dying”? The first mortal wound on a paper tiger has been struck. And look at who is in the center of it all. John Malone, Founder of Liberty Media (NASDAQ: LINTA). Since 40% of Sirius XM is owned by Liberty Capital (NASDAQ: LCAPA), Sirius XM (NASDAQ: SIRI) investors always try to listen to what Liberty Media is saying about their company and Liberty's future plans. Well one of those plans became painfully obvious to those here at KOAT, even before Malone offered a bare bones explanation. Starz Media has declined to be part of Netflix going forward, as of right now, in any form. Money was no option. Netflix offered 10 TIMES the old contract price and still Starz said no thank you. You're no longer going to compete with our services by allowing us to give you our exclusive content at wholesale rates. Your nothing but a monster that was created by one instant in times collective greed by content providers. Did they envision what Netflix would become? I seriously doubt it, or these media companies never would have signed the original agreements. No existing content provider creates a Netflix on purpose. They would have said, why didn't we just do that? Dahh!! Ya, exactly idiots, why didn't you? Well someone has finally taken a stand and said no more. You offer NOTHING we can't offer people at some point in the future. Hence bye bye.

Liberty Starz Battle with Netflix Could Have Larger Ramifications to the Future of Media
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