CEO Of Netflix, Reed Hastings, attends the red carpet during the Netflix presentation party at the Invernadero del Palacio de Cristal de la Arganzuela on April 4, 2019 in Madrid, Spain.on Tuesday with the analyst Laura Martin predicting the company may lose as many as 4 million U.S. subscribers next year in its premium tier.
Martin moved her rating to underperform from hold and added she was concerned the company's balance sheet can't "withstand lower revenue." Netflix has come under increased pressure of late as the streaming wars heat up with the recent launch of
I’ll be ending my subscription due to callus, insensitive and blasphemous programming. And will spending on Apple+, and Other streaming platforms!
Debtflix WeFlix
Disagree. Netflix is far ahead of new entrants DIS and AAPL in streaming, produces hit movies continuously and invest heavily to grow the business and customer base. I don’t see its loyal customers leaving - especially not the younger generations.
There is so little of quality to find on it now (after your burn through some of the obvious outliers)
Way too liberal for me, I cancelled.
Downgrade because they don't have ads ? The point is consumers would rather pay a premium and see no Ads. Our time is more valuable. IMHO, The Big Subscriber losses will come from cable ops, not streaming platforms.
I’ve been thinking about it myself. Between Hulu and amazon prime I don’t know that their original programming is worth $21.99 per month.
That analyst knows precious little. I for one will subscribe. TrueStory
Side effects of becoming from a entertainment channel to propoganda channel .
Never.
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