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'Full House'? Sure, if it gets Netflix subscribers

"Full House" cast members John Stamos, Jodie Sweetin, Bob Saget, Lori Loughlin and Dave Coulier in 2008.
Jason LaVeris | FilmMagic | Getty Images
"Full House" cast members John Stamos, Jodie Sweetin, Bob Saget, Lori Loughlin and Dave Coulier in 2008.

"Full House" Netflix? Really?

While a remake of the Bob Saget-vehicle from 20 years ago would seem to be a highly unlikely business proposition to many, for a company whose livelihood depends solely on subscribers, it's a logical strategy.

Netflix just needs to get a few aging Gen Xers who still say "Have Mercy" to add the service in order to justify this odd pop culture reawakening.

This strategy continues to mystify Wall Street analysts, who have downgraded the stock this year to their own peril by focusing on rising content acquisition costs.

One analyst that gets it is Mark May of Citigroup.