Netflix Has Monetization Issues, Not Facebook and Pandora

Facebook and Pandora do not have monetization "problems" of any kind. Both companies have incredibly clear ways forward. They're executing. You just cannot expect massive change -- and the structures that nurture it -- to complete overnight. Netflix has the issue, whether it's just not willing or simply not able to squeeze more than $8 a month out of its diverse and burgeoning subscriber base.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.