After years of using Microsoft's (NASDAQ: MSFT ) Silverlight to support video streams, Netflix (NASDAQ: NFLX ) has announced plans to move to HTML5.
While it may be unrelated, it was only October when Reed Hastings left Microsoft's board. Meanwhile, with HTML5, Netflix could theoretically bring its service to any browser-based system without need for users to install anything, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova in the following interview with The Motley Fool's Erin Miller.
There's still work to do. A series of extensions for allowing secure handling of JavaScript and proper encoding to protect against piracy are still to be built and adopted, though Google already has a functioning prototype in Chrome OS that Netflix is already using.
Do you like this move by Netflix? Please watch this short video to get Tim's full take, and then leave a comment to let us know whether you'd buy, sell, or short Netflix stock now, and why.
For further analysis of how Netflix is changing entertainment, tune into our newest premium research report in which we take you inside Netflix's entertainment empire and tell you what the streaming sensation is really worth, and whether the stock deserves a place in your portfolio. Access your report now by clicking here.
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