Sunday, December 11, 2016 10:58:13 AM
1) From Java to JavaScript/HTML5
2) From proprietary codecs that never worked well to now standard codecs that still won't work well because JavaScript is an inappropriate language. It's also problematic as if they are using a standard codec most devices will have a hardware decode onboard anyway.
3) The value proposition that was there in 1999 is now gone - when was the last time you had to install a video plugin lol?
Now, in theory they could add some value by delivering non-standard functionality (whether security, or clicking zones within video ads and so forth) but I've seen little evidence that they can deliver anything.
I have my views about Steve that I will keep to myself.
Keep in mind this is a guy that told an investment conference a couple of years ago that people can share Netflix content by "emailing that link around". Make up your own mind about a guy who would say that to prospective investors.
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Caller: But why did you back away from your prior guidance?
Eric Kelly: I am sorry? Hello?
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