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In a meeting room somewhere, a young PM rubs hand sanitizer on his palms and loads up his latest deck: Okay guys, what we have here is something we’re calling L
by hbosch 7y ago
In a meeting room somewhere, a young PM rubs hand sanitizer on his palms and loads up his latest deck: Okay guys, what we have here is something we’re calling Loyalty Seasons. Our recommendation is to make season 4 of Stranger Things, as well as the new Will Smith movie, available only to customers who have been subscribed for 3 or more months.
- schlumpf 7y agoThis would in turn cause a different group of PMs (portfolio managers, in this case) to borrow Netflix stock and sell short. Paying up-front production costs on an asset being provided only to users whose revenues the company has already captured is a suboptimal use of equity capital -- to put it gently.