Nobody wins in a government shutdown… except Netflix

[sincity]

With around 800,000 federal employees on furlough due to the government shutdown, they'll have a lot more time to catch up on missed episodes of Mad Men and Breaking Bad. The Washington Post's Wonkblog notes that Netflix's stock price saw a big jump right after the government shutdown started on Tuesday morning, although it cautions that this could be due to a variety of factors such as the company's recent distribution deal with a Swedish cable company. At the very least, though, it's a striking coincidence and it will be interesting to see whether Netflix's overall traffic numbers have similarly surged since the start of the shutdown.

 

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[ajnl]

I knew it, Netflix is behind the gov't shutdown!!

[DFighter]

Can't believe that whole world need to suffer for a few morons that don't get along, and can't get a agreement.

[NoGooD]

Can't believe that whole world need to suffer for a few morons that don't get along, and can't get a agreement.

Ironically, those morons are still getting paid. And most if not all of the furloughed employee's will be paid retroactively. It's basically a vacation that doesn't cut into vacation time.