Netflix’s Streaming Ambitions Don’t Come Cheap

Investors know Netflix’s strategy is to spend more now, in order to control its destiny and win fans around the world. The bet is that more and better TV series and movies — preferably those made in-house — are the key. Netflix told investors Monday that it’s trying to take advantage of a “once in a generation opportunity” to capitalize on the growing interest in internet entertainment. – Shira Ovide, Bloomberg Gadfly