From what I can see, most entertainment company's are switching to content that you buy from them for .99 cents a DOWNLOAD and they are switching to streaming channels that you pay a monthly fee for unlimited service. The movie business as we see it is ALMOST over.
I am long on another stock that is an entertainment company selling the content via streaming video. The management of this entertainment company has ever heavy hitter from ALL the BIGGEST names out there. All previously CEO's and they all say the same thing. IPTV is extremely LESS expensive to PRODUCE. So the COST of PRODUCTION is VERY LOW. And they can sell the content for .99 cents per download on ANY DOWNLOADABLE DEVICE. Reaching MILLIONS of people. I am almost as excited about this company as I am NTEK. It's the technology that NTEK provides for company's like this one that helps make viewing content so much cheaper.
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