Replies to post #19089 on The Rising Influence of Rising Affluence

[DewDiligence]

NFLX -12%/AH on tepid subscriber growth—including a QoQ decline in US subscribers:

https://www.prnewswire.com/news-releases/netflix-releases-second-quarter-2019-financial-results-300886873.html

https://s22.q4cdn.com/959853165/files/doc_financials/quarterly_reports/2019/q2/Q2-19-Shareholder-Letter-FINAL.pdf

Things aren’t going to get any easier in terms of competition and operating margins (#msg-149899796).

[DewDiligence]

NFLX arithmetic addendum: In #msg-149899796 I posted that each ~50-min episode of Netflix original content costs $8-15M to produce. With an average of 10 episodes in a series season, that comes to $80-150M per season for one series. If Netflix has 100 original-content series airing per year (worldwide), the overall production cost for original content is in the range of $8-$15B, which is not chump change.

[Biowatch]

I have Netflix and enjoy Stranger Things, but I also watch old programs and movies I haven't seen or want to see again.

They rotate their schedule (i.e., get rid of TV shows or movies), so I've occasionally lost out on seeing the end of series I didn't "binge watch " before it went away.

I suspect the Disney channel will be a a major competitor in the industry, not only for the kiddie audience, but for the Star Wars and other franchises they bought that presumably won't be available elsewhere.

I never subscribed to HBO, despite paying to watch some current movies, so I'm not in that demographic.