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One of the main arguments made by Netflix (NASDAQ: NFLX) -- my views tend to align with the company's -- is that its business model will be obsolete in a few years: maybe 5, maybe 10, but definitely gone at some point.The company's only hope of providing long-term value is to use its brand and customer relationships to become a first-mover in the digital delivery of movies. The company is certainly pouring its resources into that battle but, as The Wall Street Journal recently noted, "the sheer cost of acquiring online-viewing content could crush Netflix's profit margins, unless the company sharply raises its subscription price, thereby reducing a key advantage over rivals."
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