Media Content Distribution, Online Service Providers, Media/Entertainment, Streaming Services, Technology, Financial Performance, Earnings, Corporate/Industrial News, Domestic/Foreign Markets, Usage/Consumption Statistics

Media Content Distribution, Online Service Providers

Netflix’s Sizzle Reel Needs to Impress

Heard on the Street: Netflix badly needs the second half of the year to go better than the first

9/15/2021 8:00:00 PM

Heard on the Street: Netflix badly needs the second half of the year to go better than the first

The streaming giant badly needs the second half of the year to go better than the first. Investors are already betting that it will.

pulled forward a significant amount of future growth. But this year also has been slow compared with the company’s pre-pandemic performance. First-half subscriber additions averaged about 10.6 million in the years 2015-2019. Subscriber growth in the first half of this year has been the lowest for Netflix since 2013 when it had about one-sixth its current base of 209 million subscribers.

Call for Nominations: National Space Council Users' Advisory Group Angelina Jolie Has a Goddess Moment in Archive Valentino Old-School Baseball Fan Doesn’t Need Some Formula To Tell Him Which Players Have Best WAR, wOBA

Wall Street is betting on a turnaround. Analysts project about 12 million net new subscriber additions in the second half of this year, with growth returning to a more normalized pace in 2022, according to FactSet. Netflix shares, which had been in a slump this year through its

most recent quarterly resultsin July, have jumped 12% since that report.Can Netflix deliver? Analysts for Evercore ISI count 60 pieces of original programming hitting the service in the last four months of this year. That will include new seasons of popular shows such as “The Witcher” and “Cobra Kai” in December. A new season of the Spanish-language hit “Money Heist” comes out in two parts, with the first having launched on Sept. 3, and the second going out in December. headtopics.com

Justin Patterson of KeyBanc Capital Markets predicts that “Money Heist” will boost international subscribers in the third quarter due to its popularity in markets such as India and Latin America. He expects the content slate in the fourth quarter to help with the North American market, where Netflix still generates its highest average revenue per subscriber. “Seinfeld” also comes to Netflix on Oct. 1. That program aired its last episode more than 20 years ago, but popular older TV series can still draw a lot of eyeballs. Nielsen reported that “The Office” was

the most streamed programon any platform in 2020.But Netflix will still have to stand out in an increasingly crowded streaming environment. Marketing spending has averaged 8% of revenue for the last six quarters—well below its pre-pandemic average of 14%. Analysts expect a big jump in the fourth quarter to a record $953 million, 12% of projected revenue for the period.

Read more: The Wall Street Journal »

Hear Sounds From Mars Captured by NASA’s Perseverance Rover

Two microphones aboard the six-wheeled spacecraft add a new dimension to the way scientists and engineers explore the Red Planet.

Colin Kaepernick Carves Out His Own Path in New Trailer for 'Colin Black & White'A young Colin Kaepernick charts his own course in the new trailer for the upcoming Netflix series, ‘Colin Black & White’ Shit or get off the pot, Kaepernick7. Isn’t that the dude who couldn’t be a starter in the NFL? 🤣🤣🤣

Kevin Hart, Mark Wahlberg Crew Member Suffers Horrific Fall on Netflix Movie SetA crew member working on the set of an upcoming Netflix film suffered a horrific fall.

Dr. Oz Says Americans Need Better Physical, Mental Health Due to PandemicDr. Oz says Americans need to improve both their physical and mental health amid COVID pandemic. Yup 🤔🤔 No shit

Blackpink's Rosé Brought a Classic K-Pop Look to the Met GalaI need to know what lip stain she was wearing ASAP. yes girlie bringing that k-pop industry to the light! such an angel ROSÉ AT THE MET GALA ROSÉ 로제 BLACKPINKChile Our pretty and beautiful Rosé. Thank you for such a magical and elegant evening Rosé. Thank you YSL for loving and caring fool of our ROSÉ AT THE MET GALA 블랙핑크 로제 로제 ROSÉ

Covid-19: Booster jab announcement and vaccination in schoolsFive things you need to know about the coronavirus pandemic this Tuesday morning.

18 After-School Snacks, All Grown UpEven grown-ups need after-school snacks, and we've got one for every occasion.