among others, gear up to launch their own standalone streaming services, analysts have questioned if Netflix will take a hit."The advantage of having something be catchy like 'the streaming wars' is that it draws more attention, and because of that, consumers shift more quickly from linear TV to streaming TV," Hastings said during the company's earnings call Wednesday., shares of the company fell more than 10% as Netflix revealed global net adds of 2.
The company blamed price hikes and a lackluster slate of new content for the lower-than-expected subscriber growth. However, Netflix has said that the third quarter's content, including the recently released third season of "Stranger Things," will help turn the tide.
Source: News Formal (newsformal.com)
Yes specially when Netflix app is not compatible anymore with old old generations of iPads So I started PrimeVideoCA, if Apple and Netflix dont seat down to fix this... The loss in on Netflix.. At least for me so far.
good luck with that Reed... Hope you sold a big chunk while ago
He is in a fantasy land, network operator with content will eat his lunch. He cannot afford to build his own, in 10 years he like AOL over dialup
Having bars on the same street is good for Bar business - economics 101
Just not their business
Gotta put a good spin on it somehow. Any way to keep the stock price from not plunging more.
Tomorrow there is no CNBC or u never know.
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