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Transcripts For BLOOMBERG Bloomberg West 20150904

Upcoming star wars film. First a look at the markets. Wall street seeing a sharp sell off today adding to significant decline for the week of around 3 across the board. One of the weeks biggest losers is netflix. I want to get straight to matt miller in new york. It is like a bad movie. First it seems like things are coming back around and then it all goes back down again. Matt exactly. We lost 500 points on monday and it looked like we were going to gain it back by the middle of wednesday. However, that turned around and now were down for the week about 560, 550 points. So pretty rough on the s p as well. A drop of 3. 4 for the week. And netflix has just gotten absolutely crushed. I mean, its not fair to say the stock has been completely destroyed since year to date its still up more than double. But it is in, officially in bear market territory, since its come down from its august 6 highs more than 20 . A lot of the problem is competition here. I mean, so much talk has been about app

Transcripts For BLOOMBERG Bloomberg West 20150904

Upcoming star wars film. First a look at the markets. Wall street seeing a sharp sell off today adding to significant decline for the week of around 3 across the board. One of the weeks biggest losers is netflix. I want to get straight to matt miller in new york. It is like a bad movie. First it seems like things are coming back around and then it all goes back down again. Matt exactly. We lost 500 points on monday and it looked like we were going to gain it back by the middle of wednesday. However, that turned around and now were down for the week about 560, 550 points. So pretty rough on the s p as well. A drop of 3. 4 for the week. And netflix has just gotten absolutely crushed. I mean, its not fair to say the stock has been completely destroyed since year to date its still up more than double. But it is in, officially in bear market territory, since its come down from its august 6 highs more than 20 . A lot of the problem is competition here. I mean, so much talk has been about app

Transcripts For BLOOMBERG Bloomberg West 20150904

Upcoming star wars film. First a look at the markets. Wall street seeing a sharp sell off today adding to significant decline for the week of around 3 across the board. One of the weeks biggest losers is netflix. I want to get straight to matt miller in new york. It is like a bad movie. First it seems like things are coming back around and then it all goes back down again. Matt exactly. We lost 500 points on monday and it looked like we were going to gain it back by the middle of wednesday. However, that turned around and now were down for the week about 560, 550 points. So pretty rough on the s p as well. A drop of 3. 4 for the week. And netflix has just gotten absolutely crushed. I mean, its not fair to say the stock has been completely destroyed since year to date its still up more than double. But it is in, officially in bear market territory, since its come down from its august 6 highs more than 20 . A lot of the problem is competition here. I mean, so much talk has been about app

Transcripts For BLOOMBERG Bloomberg West 20150904

Upcoming star wars film. First a look at the markets. Wall street seeing a sharp sell off today adding to significant decline for the week of around 3 across the board. One of the weeks biggest losers is netflix. I want to get straight to matt miller in new york. It is like a bad movie. First it seems like things are coming back around and then it all goes back down again. Matt exactly. We lost 500 points on monday and it looked like we were going to gain it back by the middle of wednesday. However, that turned around and now were down for the week about 560, 550 points. So pretty rough on the s p as well. A drop of 3. 4 for the week. And netflix has just gotten absolutely crushed. I mean, its not fair to say the stock has been completely destroyed since year to date its still up more than double. But it is in, officially in bear market territory, since its come down from its august 6 highs more than 20 . A lot of the problem is competition here. I mean, so much talk has been about app

Transcripts For BLOOMBERG Bloomberg West 20150905

Upcoming star wars film. First a look at the markets. Wall street seeing a sharp sell off today adding to significant decline for the week of around 3 across the board. One of the weeks biggest losers is netflix. I want to get straight to matt miller in new york. It is like a bad movie. First it seems like things are coming back around and then it all goes back down again. Matt exactly. We lost 500 points on monday and it looked like we were going to gain it back by the middle of wednesday. However, that turned around and now were down for the week about 560, 550 points. So pretty rough on the s p as well. A drop of 3. 4 for the week. And netflix has just gotten absolutely crushed. I mean, its not fair to say the stock has been completely destroyed since year to date its still up more than double. But it is in, officially in bear market territory, since its come down from its august 6 highs more than 20 . A lot of the problem is competition here. I mean, so much talk has been about app

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