Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$NFLX Really nice relative strength from Netflix Over 6% in the green so far today!
By: TrendSpider | July 15, 2022
• $NFLX Really nice relative strength from Netflix Over 6% in the green so far today!.
Read Full Story »»»
DiscoverGold
A lot of put premium paid for $NFLX, $SQ, $PYPL, $AMZN ahead of earnings season ...
By: Markets & Mayhem | July 13, 2022
• A lot of put premium paid for $NFLX, $SQ, $PYPL, $AMZN ahead of earnings season ...
Read Full Story »»»
DiscoverGold
Netflix (NFLX) Scheduled to Post Earnings on Tuesday
By: MarketBeat | July 12, 2022
• Netflix (NASDAQ:NFLX - Get Rating) will release its earnings data after the market closes on Tuesday, July 19th. Analysts expect Netflix to post earnings of $2.96 per share for the quarter. Netflix has set its Q2 2022 guidance at $3.000-$3.000 EPS and its Q2 guidance at $3.00 EPS.Individual interested in listening to the company's earnings conference call can do so using this link...
Read Full Story »»»
DiscoverGold
Netflix in talks with Hollywood studios for new tier with ads – WSJ
By: Reuters | July 12, 2022
• Netflix Inc is looking to tweak its programming deals with Hollywood studios to enable the streaming pioneer’s launch of an advertising-supported version of its service, the Wall Street Journal reported on Tuesday.
(Reuters) -Netflix Inc is looking to tweak its programming deals with Hollywood studios to enable the streaming pioneer’s launch of an advertising-supported version of its service, the Wall Street Journal reported on Tuesday.
The company has started talks with Warner Bros., Universal and Sony Pictures Television, the report said, citing people familiar with the matter. (https://on.wsj.com/3yCGIa7)
It will also need to renegotiate agreements for older television shows such as “Breaking Bad” from Sony and “NCIS” from Paramount Global, according to the report.
Netflix told Reuters it is still in the early days of deciding how to launch a lower priced, ad-supported option, and added that it is all just speculation at this point.
Warner Bros., Universal and Sony did not immediately respond to Reuters requests for comment.
Earlier in June, co-CEO Ted Sarandos said Netflix is in talks with several companies for advertising partnerships.
After losing subscribers for the first time in a decade and projecting a 2 million decline in the upcoming quarter, Netflix said in April it was considering the launch of a lower-priced tier with advertising.
Netflix’s most formidable challenger – Walt Disney Co’s Disney+ – has also said it would introduce an ad-supported tier, as the pandemic boom in streaming fades, competition tightens and rising inflation pinches consumer spending on entertainment.
Read Full Story »»»
DiscoverGold
Was looking for new movies last night … appear to be mostly middle eastern indoctrination movies … time to exit the cutie pies train wreck kids …
$NFLX No Stranger Things bump, Earnings 7/19.. they guided negative subs..
By: Options Mike | July 9, 2022
• $NFLX No Stranger Things bump, Earnings 7/19.. they guided negative subs.. wouldn't be hard to beat... Just not a growth name anymore.
Read Full Story »»»
DiscoverGold
Netflix Inc $NFLX book value is only $39.49 - Avoid.
Evercore ISI Trims Netflix (NFLX) Target Price to $245.00
By: MarketBeat | July 7, 2022
• Netflix (NASDAQ:NFLX - Get Rating) had its price objective lowered by stock analysts at Evercore ISI from $300.00 to $245.00 in a research report issued to clients and investors on Thursday, The Fly reports. Evercore ISI's target price indicates a potential upside of 32.65% from the stock's current price...
Read Full Story »»»
DiscoverGold
Netflix After making a series of higher lows, Netflix is finally breaking above trendline resistance from April
By: TrendSpider | July 7, 2022
• $NFLX After making a series of higher lows, Netflix is finally breaking above trendline resistance from April.
Read Full Story »»»
DiscoverGold
Netflix’s Cheer star and former Joe Biden presidential campaign surrogate Jerry Harris was sentenced to 12 years in federal prison in his child pornography case.
Harris will also be required to register as a sex offender for life, and pay a $55,000 fine, according to a report by WIVB 4, which added that the former Netflix star is facing eight years of supervised release after his prison term.
Harris held an Instagram chat with Joe Biden mere weeks before he became the center of an FBI investigation into sex solicitation.
In 2020, Harris was arrested on production of child pornography charges after he was accused of soliciting sex from minors, and pressuring 14-year-old boys to send him phonographic photos and videos.
An affidavit further stated that one of underage teens reported having “one in-person encounter” with Harris, and that the Netflix star “solicited oral sex” the minor, “in a bathroom at a cheerleading event.”
In February, the former Cheer star pled guilty in a deal to one count of receipt of child pornography and another of traveling with intent to engage in illicit sexual conduct.
At the time, prosecutors said that if the case had gone to trial, their evidence would show that in the summer of 2020, Harris communicated with a minor — whom he knew was under the age of 18 — via Snapchat, where he repeatedly asked for photos of a sexual nature.
As for the second charge, Harris had traveled from Dallas, Texas, to Orlando, Florida, in May 2019 intending to engage in sexual conduct with a 15-year-old, whom he asked to meet in a public bathroom.
Earlier this year, Harris’ defense team told Nexstar’s WGN that the criminal conduct “took place in the context of a competitive Cheer Community where inappropriately sexualizing and sexually abusing children was far too common and too often overlooked.”
“Jerry was himself exploited, manipulated, and sexually abused as a child within the Cheer Community in a way that perversely made him believe that this sexual conduct was somehow normal when it was not,” the defense team added.
Netflix has never had this low of a monthly RSI since the company IPO'd in 2002
By: TrendSpider | July 3, 2022
• $NFLX Netflix has never had this low of a monthly RSI since the company IPO'd in 2002.
Read Full Story »»»
DiscoverGold
Netflix (NFLX) Given New $210.00 Price Target at Truist Financial
By: MarketBeat | June 30, 2022
• Netflix (NASDAQ:NFLX - Get Rating) had its price objective dropped by investment analysts at Truist Financial from $300.00 to $210.00 in a report issued on Thursday, The Fly reports. Truist Financial's price target suggests a potential upside of 20.09% from the company's current price...
Read Full Story »»»
DiscoverGold
Stranger Things 4 has become Netflix's $NFLX most widely viewed show according to Chartr
By: Bearish Dippers | July 1, 2022
• Stranger Things 4 has become Netflix's $NFLX most widely viewed show according to Chartr.
Read Full Story »»»
DiscoverGold
NETFLIX IS HIRING FLUFFERS FOR THEIR NEXT WOKE MOVIE PRODUCTION!!!!!!
Needs to break 190 make 62% move up or its a A B C move
$NFLX Is Netflix putting in a bottom? or are is it destined for LT support?
By: TrendSpider | June 29, 2022
• $NFLX Is Netflix putting in a bottom? or are is it destined for LT support?
Read Full Story »»»
DiscoverGold
Good. They're woke employees anyway who wanted to cancel the G.O.A.T. Dave Chappelle because they got their feelings hurt.
300 more layoffs for NFLX. Woke garbage company.
Get Woke, Go Broke: Perverted Netflix Massacre – 300 Employees Axed in Largest Layoff Since Subscriber Downturn!!!!
Cuties … the woke are rewarded for their perversion … love it
Netflix's Price Target Cut at Stifel Despite 'More Attractive' Risk-Reward
By: Investing.com | June 21, 2022
Stifel analyst Scott Devitt cut Netflix's (NASDAQ:NFLX) price target to $240 from $300 in a note Tuesday, maintaining their current Hold rating on the stock.
However, despite cutting the price target, Devitt provided positive commentary, stating that “at ~16x 2023 P/E, we believe the risk/reward has become more attractive as current valuation implies minimal incremental subscriber growth, in our view.”
“At the current share price, we believe the market may be overlooking the multi-year opportunity for a return to sustainable subscriber growth, with optionality stemming from the company’s upcoming advertising-supported and password-sharing plans,” wrote Devitt.
However, he added that the streaming subscription service needs to address its affordability issue.
“In recent quarters, management has attributed slowing subscriber growth to a variety of headwinds, including competitive pressures, macro conditions, and the prevalence of password sharing, which has made it difficult to grow subscribers in relatively mature markets. While these factors are certainly impacting Netflix’s subscriber acquisition, we believe the recent discussion around sub growth has overlooked another longstanding (and arguably more prevalent) issue for Netflix: affordability. After taking a country-level approach to our analysis, it’s clear that affordability is a barrier to subscriber growth outside of developed markets,” said the analyst.
“We maintain our Hold rating as we await further details related to these initiatives, though our preliminary work suggests that advertising can be a catalyst for renewed subscriber growth while having a neutral to positive impact on revenue per member.”
Read Full Story »»»
DiscoverGold
Netflix (NFLX) remains weak in general. Over the 8D gap up there it can run and fill..
By: Options Mike | June 20, 2022
• $NFLX remains weak in general. Over the 8D gap up there it can run and fill..
Holding 163 area for now.
Read Full Story »»»
DiscoverGold
$NFLX Has $17.3 Billion of Debt. Under its balance sheet
https://finance.yahoo.com/quote/NFLX/key-statistics?p=NFLX
Still No Bounce for NUTFLIX, 3rd and 4th Quarters gonna bring the Hurt, Red Wave eases the pain, but jus a little, short it to $4! Lol
Go back to China shit
You cant change the shit hole markets with one ticker.
Dropped my service 6 months ago
Their streaming content was something I cannot support
Interested to see what the subscriber numbers are for this quarter
Cuties weirdos need to wake up and the brass needs to get those people off the payroll … this should be an $85.00 stick before Xmas … there’s your sign perverts
Netflix Setback Won’t Slow Down Content, Producers Say – Produced By
By: Yahoo | June 12, 2022
Netflix’s cutbacks after a subscriber loss sent the streamer’s stock price tumbling down have worried some in the industry that the content gold rush is ending. Producers at the “IP IQ” panel, sponsored by Deadline, at the Produced By conference, said there’s no need to worry. Girl From Plainville and The Dropout Executive Producer Liz Hannah, A&E Studios Head Barry Jossen, and UTA partner and Co-head of Media Rights Jason Richman said they don’t anticipate any slowdown in streamers needing content.
“I haven’t felt any letup whatsoever, which I think just speaks to the demand being high,” Richman said. “There’s a lot of musical chairs going across the studio landscape, but it’s going to settle out. The new incumbents have to build their new slates. We look at it as opportunities to bring the artists we’re representing into their lives and filling the blank space.”
Jossen said what may change is the demand for international productions. Netflix announced Season 2 of Squid Game Sunday morning, and Jossen saw the success of that and other international shows has opened the doors to the potential for international shows.
“Squid Game, Money Heist, Babylon Berlin, Tehran have taught us how to watch shows that originate in other parts of the world,” Jossen said. “Technology has been very helpful in that process. You literally push a button and can watch a show dubbed in English [or] the original language with subtitles. There are many other languages. I think we’re going to see even more of a surge around exposure to shows that originated somewhere else in the world other than North America.”
Hannah said the uncertainty over what may become a hit has allowed creators like herself to take more risks.
“This fear and this terror is really freeing from a creator’s standpoint because what else are we going to do,” Hannah said. “I’m actually feeling more empowered to take risks as a creator because nobody has any idea what’s hitting or why it’s hitting.”
Hannah gave two examples from her series, The Girl From Plainville, about the true story of Michelle Carter. Carter was convicted of involuntary manslaughter in the death of Connor Roy, to whom she suggested he commit suicide via text.
“With Plainville, there’s three musical numbers, four different time lines,” Hannah said. “Elle Fanning, who’s the star of Plainville and also an executive producer, she was like, ‘Let’s go weirder, let’s go darker. ‘There’s a shot at the end of episode 7. She dreams a sequence of ‘Teenage Dirtbag ‘where her sister is in a glee club tormenting her, and it turns into a nightmare. There’s a moment at the end, which is this take Elle did. It was the very last take. We were like, ‘Do you want to just do something really, really weird? She did and it is the take that was in the show.”
Wondery Head of TV/Film Aaron Hart was also on the “IP IQ” panel.
Read Full Story »»»
DiscoverGold
Netflix (NFLX) Rumored to be looking at $ROKU....
By: Options Mike | June 12, 2022
• $NFXL Rumored to be looking at $ROKU.... doubt it, but we'll see. Big gap down, 163 area back in play,
205 big resistance area.
Read Full Story »»»
DiscoverGold
Where this went public how much was the stock price
$NFLX -80% drawdowns are not out of character for Netflix Long term support at ~$120/sh
By: TrendSpider | June 11, 2022
• $NFLX -80% drawdowns are not out of character for Netflix Long term support at ~$120/sh.
Read Full Story »»»
DiscoverGold
I just cancelled mine. Been a subscriber since 2013. After watching Senior Year, couldn't take any more of their woke bullshit. Of course Rebel Wilson isn't straight. They keep pushing this garbage onto us. Why can't they keep political garbage and woke trash out of their movies? It must be the directors. Stop pushing your shit onto us. We don't care. Bye Bye Netflix. Dump it in the toilet.
Could have flipped this a few weeks ago, who would have known
Netflix Falls After Inflation Exceeds Expectations
By: Vladimir Zernov | June 10, 2022
• Analyst estimates for Netflix will continue to move lower.
Netflix Falls Amid Broad Sell-Off In Tech
Shares of Netflix gained downside momentum together with other tech stocks after the U.S. reported that Inflation Rate increased by 8.6% year-over-year in May. Analysts expected that Inflation Rate would grow by 8.3%.
The high Inflation Rate is a bearish catalyst for Netflix stock for several reasons. First, the Fed will be forced to raise the rate aggressively in order to curb inflation. This is bearish for tech stocks in general.
Second, Netflix may face additional problems as consumers analyze their budgets amid high inflation and cut “unnecessary” subscriptions.
What’s Next For Netflix Stock?
Analyst estimates for Netflix have been moving lower after the release of a disappointing quarterly report in April. Currently, the company is expected to report earnings of $10.91 per share in 2022 and $11.97 per share in 2023, so the stock is trading at 15 forward P/E.
While such valuation levels may look cheap for Netflix, traders should keep in mind that the company’s growth is slowing down. In addition, the situation in the economy is worse than previously expected, which could hurt Netflix’ financial performance.
In this light, it remains to be seen whether speculative traders will rush to buy Netflix stock at current levels. This year, the stock touched lows near the $163 level, and a broad sell-off in the general market may push Netflix back to these levels.
Read Full Story »»»
DiscoverGold
Netflix (NFLX) Stock Slides As Goldman Lowers Rating To 'Sell', Slashes Price Target
By: TheStreet | June 10, 2022
• "We have concerns around the impact of a consumer recession as well as heightened levels of competition," said Goldman Sachs analyst Eric Sheridan.
Netflix (NFLX) shares slumped lower Friday after analysts at Goldman Sachs lowered their rating and price target on the online streaming group amid surging inflation and heightened competition.
Goldman Sachs analyst Eric Sheridan lowered his rating on the stock to 'sell', while slashing his price target by $79 to $186 per share, citing broader consumer pressures and the increased number of rivals in the entertainment streaming market.
Netflix lost 200,000 subscribers over the the first three months of the year and expects to lose another 2 million by the end of the second quarter, thanks to what the company said was a mix of rising prices, increasing competition and password sharing, which Netflix estimated at around 100 million households world wide.
"We have concerns around the impact of a consumer recession as well as heightened levels of competition ... and view Netflix as a show-me story with a light catalyst path," Sheridan said. "We modestly lower our paid streaming subs across every region.”
Netflix shares were marked 4.12% lower in pre-market trading to indicate an opening bell price of $184.82 each, a move that would extend the stock's year-to-date decline to around 70%. The stock has shed more than $210 billion in value over the past six months.
Netflix's first quarter earnings were essentially solid, with a bottom line of $3.53 per share that came in firmly ahead of the Street consensus forecast of $2.89 per share and group revenues that were 10% higher than last year, at $7.87 billion, and just behind analysts' estimates of a $7.93 billion tally.
Netflix also said it expects to be free-cash flow positive for the 2022 year and beyond, with first quarter free cash flow rising 15.9% to $802 million.
It may also pivot to an ad-based model in order to offset slumping revenue growth, and was linked to a takeover of streaming service hub service Roku (ROKU) earlier this week.
D.A. Davidson analyst Tom Forte said in a recent research not that Roku has "myriad" ways in which it can help Netflix thanks in part to its ability to "enable Netflix to target advertising on Roku's platform to try to get consumers to restart the service."
"For example, it could give Netflix the opportunity to showcase the first season of one its shows on The Roku Channel as a way of inspiring consumers to subscribe to Netflix to watch the remaining seasons," Forte said. "At a high level, it could help Netflix navigate its initial foray into advertising."
Read Full Story »»»
DiscoverGold
Subscriber losses have nothing to do with password.sharing...Go WOKE....Go BROKE!
Netflix in 5 years... what was Netflix???
Netflix Flirting with danger as price sits just above trendline support from the lows
By: TrendSpider | June 9, 2022
• $NFLX Flirting with danger as price sits just above trendline support from the lows.
Read Full Story »»»
DiscoverGold
Netflix-Roku Deal? Here’s How to Trade Both Stocks
By: TheStreet | June 8, 2022
• Speculation about a tie-up between Roku and Netflix is swirling. Here's how to trade the stocks right now.
Roku (ROKU) shares are more than 12% higher on June 8, while Netflix (NFLX) is hitting a session high, too, up about 3.5%.
The rumor on Wall Street is a potential takeover of Roku by Netflix. In premarket trading Roku shares were modestly higher while Netflix was lower.
With both now trading higher, it may suggest that investors — and the market — approve of such a deal, should one be in the works.
Netflix has the robust subscriber base (and even more potential should it lock down on password sharing). Roku has a dominant streaming-video operating system/platform, a strong presence in video ads and is quickly improving its operating profit and margin.
A marriage of both likely comes in a cash-and-stock or all-stock deal, which does muddy the situation a bit given that both stocks have suffered peak-to-trough declines in excess of 75%.
While one could make a reasonable case for the deal, what are the charts saying?
Trading Roku Stock
Daily chart of Roku stock.
Chart courtesy of TrendSpider.com
The chart above looks busy, but it overlays both the daily and the weekly levels, while highlighting the stock’s fall from almost $400 to $75.
Now back near $100, the stock has had a respectable move off the low. When considering how far it has fallen, though, Roku could rally quite a bit higher while still being well below the all-time high.
Of course, any agreed deal with Netflix would affect the price considerably.
The $100 area was a prior support zone in the first quarter, and has been resistance so far in the second quarter. Roku stock is also running into the 50-day and 10-week moving averages.
In an ideal world, the bulls would see a rapid rally if Roku were to break out over this area, potentially putting $140 in play. That’s almost double the lows.
But even at $140, the stock would still be down 71.5% from the all-time high. In that respect, one can see how we can get a monster rally in some of these beaten-down growth stocks — especially if we start seeing short squeezes and a return to tech.
If the stock moves above $140, the $175 level sticks out. That’s where we find the first big retracement level — the 23.6% — and the 200-week moving average.
Again, any potential deal with Netflix makes this somewhat of a binary situation — unless it’s a stock-based deal, then Netflix’s price action is to be considered.
Trading Netflix Stock
Weekly chart of Netflix stock.
Chart courtesy of TrendSpider.com
Speaking of Netflix, the stock was hanging on by a thread in the $330s when the entertainment-streaming major reported earnings in April.
The shares cratered on the report, crashing through the covid-19 low at $290, then plunging through the double-bottom low between $230 and $250, which was made in 2018 and 2019.
Now carving out a low, Netflix stock is trying to push back through the key $200 area.
If it succeeds, we could see a rally to the $230 to $250 zone, as well as the 10-week moving average. Above $250 and suddenly the $290 level and the declining 21-week moving average are in play.
Daily chart of Netflix stock.
Chart courtesy of TrendSpider.com
When we shift down to a daily chart, one can see how pivotal this area is. A strong push from here could put a potentially strong rally in play.
Ultimately, it shows how a return back to the gap-fill level near $333 is realistic if the trend can remain bullish and if a few factors begin to favor the longs.
A caveat: NFLX and ROKU have been hit hard and the pain has been much broader than two stocks. If the market moves lower once again, these names will have a hard time rallying, with or without a deal.
For Netflix, keep an eye on $200. A close below this level keeps the 10-day and 21-day moving averages vulnerable. Below both measures and $175 is in play, followed by a retest of the low near $163.
Read Full Story »»»
DiscoverGold
Roku Stock Buzzing on Netflix Acquisition Rumors
By: Schaeffer's Investment Research | June 8, 2022
• Details of any potential deal are scarce at the moment
• There's a lot of positive sentiment surrounding ROKU at the moment
Streaming stalwart Roku Inc (NASDAQ:ROKU) was last seen 7.5% higher in electronic trading, after Business Insider reported that the company is in talks to be acquired by streaming giant Netflix (NFLX). Though details concerning the acquisition are scarce, the report did indicate that Roku has "abruptly closed the trading window for all employees," so they can no longer sell their vested stock.
ROKU has suffered a tough 12 months. Coming into today, the stock sported a 72.6% year-over-year deficit, with its descending 40-day moving average guiding it lower since October. Should these premarket gains pain out, that trendline will be tested throughout today's trading.
Despite the stock's dismal technical setup, 14 of the 20 brokerages rate ROKU a "buy" or better, while the consensus 12-month price target is a 69% premium to last night's closing perch. Should some sort of deal eventually happen, don't be surprised if analysts rush to adjust their stance, which could pressure the stock even lower.
There's been a penchant for bullish bets in the options pits of late. ROKU's Schaeffer's put/call open interest ratio (SOIR) sits higher than just 2% of readings from the past year, indicating a severe call-bias amongst short-term options traders. Those options traders are in luck, as Roku stock has exceeded volatility expectations in the past 12 months, per its Schaeffer's Volatility Scorecard (SVS) of 88 out of 100.
Read Full Story »»»
DiscoverGold
$NFLX Over 203 could get interesting
By: Options Mike | June 5, 2022
• $NFLX Over 203 could get interesting. Still don't' think they are in good chape, but not much resistance back to 220.
Read Full Story »»»
DiscoverGold
Netflix (NFLX) Price Target Cut to $261.00
By: MarketBeat | June 2, 2022
• Netflix (NASDAQ:NFLX - Get Rating) had its target price cut by equities research analysts at Wolfe Research from $497.00 to $261.00 in a research note issued to investors on Thursday, The Fly reports. Wolfe Research's price target points to a potential upside of 35.30% from the stock's current price...
Read Full Story »»»
DiscoverGold
Netflix (NFLX) Changes The Way It Measures Ratings
By: TheStreet | June 3, 2022
• Here's why 'Stranger Things' will officially be its biggest show ever.
On the recent season finale of “Saturday Night Live,” Natasha Lyonne was hosting, ostensibly to promote the second season of her buzzy Netflix hit “Russian Doll.”
But she couldn’t help but poke a little fun, noting she was there to represent two things few people “want to be associated with anymore: Russia and Netflix.”
So yeah, Netflix (NFLX) is having a bad year.
It’s laid off 2% of its workforce, it lost 200,000 global subscribers in the first quarter of the year, and the company’s stock price has been trading at its lowest levels since 2018.
It’s not all bad news, though.
The mostly well-received, if on the bloated side, new season of “Stranger Things” has arrived, and it’s already Netflix’s top show.
It’s been speculated by CNET that by the end of the summer, Netflix will officially declare the latest season of the sci-fi series it’s biggest yet. But there’s a big asterix attached to that measurement, one that indicates how Netflix is preparing for the next phase of the company’s history.
Measuring Viewership
Netflix’s all-time Most Popular rankings for its television shows are based on total hours watched.
This information is then fed into the Netflix Top 10 list, which is updated weekly and has the fourth season of “Stranger Things” at the top, with all the other seasons hitting the top ten as well.
But now Netflix has made a big change.
Instead of tallying up viewing hours in its first 28 days of release, CNET has reported that for "Stranger Things," it will measure views over 56 days total, one for the first half of the season and one for the second half.
So now “Stranger Things” will be measured in how it does for at least half the summer, an advantage no other Netflix show has enjoyed since the Top 10 list debuted last year, as the change was not made until May 10.
(CNET notes the change was in the fine print, as “Netflix added two sentences to its methodology statement.”)
Netflix has taken a staggered approach to how it’s releasing the latest season of “Stranger Things.” The first seven episodes were released on May 27, and the final two of the season will drop on July 1. Netflix recently took a similar approach to the crime thriller “Ozark.”
While it’s not quite the pivot-back-to-weekly episodes approach many fans and critics have called for, it is a way to extend the social media buzz.
In all, this move is expected to help the latest season of “Stranger Things” leapfrog over two other popular Netflix hits, “Squid Game” and “Bridgerton” to officially become the streamer’s most popular show ever.
Why Did Netflix Make The Change?
Part of the change is just cosmetic, and a way to remind the media and onlookers that, bad headlines aside, the streaming service still has plenty of hits, thank you very much.
But there’s something bigger at play here.
After resisting for years, Netflix is now open to advertising, in order to both bulk up its revenue sources and to offer viewers a cheaper price point. In this way, it is following the lead of streamers such as HBO Max and Disney +.
There’s a lot of questions as to how advertising is going to work on Netflix, and presumably there’s a lot the company needs to figure out.
But the way total viewership for its shows will be measured will certainly be a big part in how advertising rates will be set.
More changes are sure to come. For years Netflix was tight-lipped about how popular its shows were, but it’s becoming more forthcoming in recent years, a trend that will no doubt continue as it pitches itself to advertisers.
But as noted in the piece, advertisers are going to demand a more uniform way of calculating streaming across platforms, and there’s only so much longer that Netflix can play around with its numbers.
Dallas Lawrence, the head of communications and brand for Samba TV, a television researcher and ad measurement firm, was quoted in the piece, and she summer up the streamer’s future thusly:
"The buyers will not allow Netflix to grade its own homework," Lawrence said.
Read Full Story »»»
DiscoverGold
Followers
|
332
|
Posters
|
|
Posts (Today)
|
1
|
Posts (Total)
|
9270
|
Created
|
07/18/03
|
Type
|
Free
|
Moderators DiscoverGold |
Company Address:
Investor Relations Department
100 Winchester Circle
Los Gatos CA 95032-7620
480.540.3700
CIK: 0001065280
Netflix, Inc. (Netflix), incorporated on August 29, 1997, is an Internet subscription service streaming television shows and movies. The Company's subscribers can watch unlimited television shows and movies streamed over the Internet to their televisions, computers and mobile devices, and in the United States, subscribers can also receive digital versatile discs (DVDs) delivered to their homes. The Company operates in three segments: Domestic streaming, International streaming and Domestic DVD.
The Company obtains content from various studios and other content providers through fixed-fee licenses, revenue sharing agreements and direct purchases. The Company markets its service through various channels, including online advertising, broad-based media, such as television and radio, as well as various partnerships. In connection with marketing the service, the Company offers free-trial memberships to new and certain rejoining members. It utilizes the services of third-party cloud computing providers, such as Amazon Web Services, as well as content delivery networks, such as Level 3 Communications. The Company also ships and receives DVDs in the United States from a nationwide network of shipping centers. As of December 31, 2011, the Company offered subscribers the ability to receive streaming content through their personal computers (PCs), Macs and other Internet-connected devices, including Blu-ray players and televisions, digital video players, game consoles and mobile devices.
The Company obtains content through streaming content license agreements, DVD direct purchases and DVD and streaming revenue sharing agreements with studios, distributors and other suppliers. The Company obtains content distribution rights in order to stream television shows and movies to subscribers' televisions, computers and mobile devices. Streaming content is generally licensed for a fixed-fee for the term of the license agreement. The Company acquires DVD content for the purpose of renting, such content to its subscribers and earning subscription rental revenues, and, as such, the Company considers its direct purchase DVD library to be a productive asset.
The Company competes with HBO GO, Showtime Anytime, SkyGo, BBC iPlayer, Time Warner, Comcast, DIRECTV, Echostar, AT&T, Verizon, iTunes, Amazon.com, Hulu.com, Hulu Plus, LOVEFiLM, Google, Blockbuster, Redbox, Best Buy, Wal-Mart and Amazon.com.
COMPANY PROFILE
With more than 50 million streaming members in the United States, Canada, Latin America, the United Kingdom, Ireland and the Nordics, Cuban, France, Germany, Netherlands, plans of expansion to Japan in 2015, Netflix, Inc. (NASDAQ: NFLX) is the world's leading internet subscription service for enjoying movies and TV programs. For one low monthly price, Netflix members can instantly watch movies and TV programs streamed over the internet to PCs, Macs and TVs. Among the large and expanding base of devices streaming from Netflix are the Microsoft Xbox 360, Nintendo Wii and Sony PS3 consoles; an array of Blu-ray disc players, internet-connected TVs, home theatre systems, digital video recorders and internet video players; Apple iPhone, iPad and iPod touch, as well as Apple TV and Google TV. In all, over 800 devices that stream from Netflix are available. For additional information, visit www.netflix.com. Follow Netflix on Facebook and Twitter.
Netflix also initiated self original series/movies: Netflix production. Including Orange is the New Black, House of Cards, Lilyhammer, Unbreakable Kimmy Schmidt, Bloodline, Marvel's Daredevil, Grace and Frankie, Sense8, Narcos, Chef's Table, etc.
All for $8.99 a month, EXTRA IF DVDS by mail plan.
Recent News:
http://finance.yahoo.com/q/h?s=NFLX+Headlines
http://news.google.com/news?as_q=netflix&svnum=10&as_scoring=r&hl=en&ned=&btnG=G....
Filings: http://www.sec.gov/cgi-bin/browse-edgar?company=&match=&CIK=0001065280&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
Various Netflix related links:
http://www.hackingnetflix.com/
http://netflixfan.blogspot.com/
http://movies.groups.yahoo.com/group/Netflix/
Share Structure:
Outstanding Shares
424.36 mil shares as of Jul/15/2015
97% inst. own
Investor Relations:
http://ir.netflix.com/
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |