Fidelity Dumps Netflix Shares: What's Next?

"Someday we'll look back on this and it will all seem funny..."

-Bruce Springsteen, Rosalita

We're not only living through a paradigm shift vis-a-vis how we consume and share "content," we're observing strange days indeed at Netflix (NFLX). Walk through a brief overview of recent developments before we get to the latest news.

• Spending spree Netflix adds cushion to yet another content provider's bottom line, as it continues to execute its seemingly unsustainable business model.
• Google (GOOG) prepares to show off its firepower via YouTube by taking Netflix on headfirst. Hopefully, Google's (GOOG) earnings report this week will shed some light on its strategy.
• Netflix refuses to comment on the departure of its longtime VP of Investor Relations, the woman who might actually be the brainchild of the company's faux earnings calls.

Given Netflix's less-than-stellar history of communicating with investors, it comes as no surprise that we have yet to

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