Netflix Accepts Facebook's Friend Request
In the following video, Motley Fool tech and telecom analyst Andrew Tonner looks at Netflix's announcement that users in the U.S. will now be able to have a Facebook interaction with their Netflix habits, including sharing what they've watched and commenting on friends' activity. Andrew tells us how the company hopes to increase its number of subscribers with this move and retain members longer, in a business where the competition is getting more aggressive by the day.
The precipitous drop in Netflix shares since the summer of 2011 has caused many shareholders to lose hope. While the company's first-mover status is often viewed as a competitive advantage, the opportunities in streaming media have brought some new, deep-pocketed rivals looking for their piece of a growing pie. Can Netflix fend off this burgeoning competition, and will its international growth aspirations really pay off? These are must-know issues for investors, which is why we've released a brand-new premium report on Netflix. Inside, you'll learn about the key opportunities and risks facing the company, as well as reasons to buy or sell the stock. We're also offering a full year of updates as key news hits, so make sure to click here and claim a copy today.
The article Netflix Accepts Facebook's Friend Request originally appeared on Fool.com.Andrew Tonner has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Facebook and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.