Netflix BOMBED. Anyone buying?

hanera · January 22, 2019, 12:50pm

You didn’t read this eerily similar to something you know… instead of A grade, is B grade…

As Netflix edges towards domestic saturation, its revenue growth will primarily be driven by price increases – and a reputation for overlong series and B-grade movies may prove problematic regardless of watch time growth (HBO’s price, after all, is 37% higher despite offering a fraction of the library and achieving even less engagement per customer).

harriet · January 23, 2019, 11:14pm

manch · July 17, 2019, 8:25pm

Bombed yet again.

Netflix tanks after whiffing on global paid subscribers

Shares of Netflix fell more than 10% after the company reported global net adds of 2.7 million, well below guidance of 5 million.
Netflix stands to lose two of its most-watched shows to upcoming rival streaming services.
The company has been steadily burning cash as it fuels its massive content spend.

hanera · July 17, 2019, 8:55pm

Short it.

Roy321 · July 17, 2019, 9:24pm

Netflix BOMBED.

Anyone buying?

NO

marcus335 · July 17, 2019, 9:32pm

It fell below all the moving averages. They already spend a ton on content. This quarter shows unless they keep spending a ton on new content then they don’t get as many new subscribers. That’s really troublesome. Making their own content was supposed to be cheaper in the long run, since they don’t have to keep renewing licenses for it. If it really is about new content, then the content expense is only going to increase.

Roy321 · July 17, 2019, 9:55pm

It’s cheaper to make in house content. But how to make sure it’s worth watching?

IMO most Netflix made content is not that great. Only thing working for them currently is scale and lack of competition.

hanera · July 17, 2019, 10:05pm

Disney and Apple are coming after NFLX’s ass.

marcus335 · July 17, 2019, 10:22pm

Their content has won a lot of awards though. Network TV content has become total garbage of the same few recycled formulas over and over. I only have Netflix, HBO, and Amazon prime now. I ditched cable TV.

harriet · July 17, 2019, 10:25pm

You sold?

Roy321 · July 17, 2019, 10:26pm

@4 months back…

Having said that… it might come back, i.e. I don’t know what will happen.

Roy321 · July 17, 2019, 10:36pm

I have ditched cable @couple of months back. I don’t like most of content created by Netflix though. I liked “Stranger Things -Season 1”. The rest of the seasons I didn’t finish.

hanera · July 17, 2019, 10:38pm

No longer subscribed to any video streaming.
AMZN Prime Video - Free with Prime but never watch a single movie/ show.
NFLX - Nothing interesting. Discontinued long ago.
YouTube - Watch often. Is free too.
Apple - Occasionally rent some movies.

Roy321 · July 17, 2019, 10:40pm

It’s not free… Google is even collecting data on when you sneezed

harriet · July 17, 2019, 10:41pm

Netflix: Terrace House
Hulu: Handmaid’s Tale
Prime: Nada

intangible · July 17, 2019, 11:23pm

For me, HBO still has some of the best content.
GoT
Silicon Valley
Chernobyl
The Inventor: Out For Blood in Silicon Valley

manch · July 17, 2019, 11:25pm

You can buy the whole season of Chernobyl on amazon prime for 12 bucks I think. I am gonna do that. Heard great things about the show.

Boolean · July 17, 2019, 11:45pm

Amen to that ^^. I like all of those above and adding couple more:
Big Little Lies (Superb acting)
Succession
West world (maybe not for everyone - it’s like new generation Lost)

marcus335 · July 17, 2019, 11:47pm

GoT is done and Silicon Valley has 1 season left. That’s a huge bummer.

intangible · July 18, 2019, 12:01am

I thought the same and then out came Chernobyl! HBO constantly serves up quality content.