One hour to go. A loss of greater than 2 million could be dire for the company.
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Netflix Earnings: 2 Million Subscriber Loss Expected
One hour to go. A loss of greater than 2 million could be dire for the company.
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TV may have a future yet
I upgraded my account to 4K just to annoy you all
Are they forced to report on it?
Yes.
every company that is traded on the stock market has to release all kinds of data like this. it's how people who own the stock are kept in the loop, and how intelligent stock traders analyze the markets / gauge potential buys.
2 million out of how many total? I can't imagine 2 mil being as big of a loss
The business model of streaming requires an ever increasing number of subscribers to inflate the stock price, otherwise people will start to notice that their actual revenues barely cover their costs.
I love it when fricking experts talk here and be wrong. How's your crypto doing bros? You rich yet? You've been predicting israeliteflix tanking years even before the other streamers showed up.
they are fricked, literally having to resort to ads and cracking down password sharing when their fricking CEO was on the record years ago saying NO to both
They are losing their content library to studios who pad out their own streamers and netflix mostly churns out dogshit especially in movies so they don't have attractive content
which streaming service has the best library? how would you rank them?
wcostream.com
you can thank me later.
Learn how to use bittorrent, zoomer.
funny thing is it's always the same reasons like you guys are in the game. This is how stock works guys and netflix did x so they will lose their investors. Frick off. You have no idea wtf you're talking about. I would say that they crack on PW sharing and add Ads subscription tier because they feel untouchable
>I would say that they crack on PW sharing and add Ads subscription tier because they feel untouchable
If cope was worth money you'd be a billionaire.
If you're actually good at analysis like you seem to think you are you'd be a millionaire but here we are. Also, I do admit I have no fricking clue what they're doing but they're still here and you've been acting like an expert for almost a decade here.
Why is it that Netflix needs to infinitely? Why can't they just be like Ford or Chevrolet just keep making products that the market demands?
to grow
People by and large demand wholesome or interesting entertainment and that doesn’t jive with the current year world order
their stock price tumbled by 70% because they lost 200k subscribers last quarter and fired hundreds, if they lose 2 million, netflix is gonna have a firesale
>if they lose 2 million, netflix is gonna have a firesale
2 million is already priced in, if they lose more than that though it'll trigger a sell off.
>if they lose 2 million, netflix is gonna have a firesale
>it'll trigger a sell off.
disney trannies
>disney trannies
Disney+ isn't making money either, if anything it seems to be hurting the box office of every Disney release that isn't Marvel.
>out of how many total
In 2020 they had 192.9 million subs. HOWEVER, the problem for Netflix is that it's a growth company. Its evaluation and its investor cash is based on the idea that it's gonna continue growing massively, and then growing revenue massively.
As soon as the growth reversed the optimism in the company fell out. It's down -66% this year. That's WORSE than Bitcoin, if you invested at the start of the year. It's an absolute cratering.
To add to this; as investors lose confidence, Netflix effectively loses their war chest for making new shit. It can be the death spiral as they're only left with fleecing existing customers in a more predatory fashion and getting cheaper (aka worse) content for their library. Their ability to make new shows is now even more limited.
God capitalism is the worst.
>we have 8 billion subscribers
>there are literally no more people to subscribe
>omg no more growth SELL SELL SELL
It sounds moronic but think about it, why would you invest in a company that is not growing?
Netflix was seen as a growth company and a decent growth in subs was expected at least for a couple of more years. Decline in subs is a complete 180 of that and that's why the stock fell hard
>Netflix is done
>this time totally for real
>two more weeks
Companies don't just vanish in a puff of smoke moron. Netflix has been declining for a year now.
For the most part, Netflix has dug its own grave with its moronic managerial decisions.
Their most popular show ever was a comfy Office sitcom. So naturally they spend $200 million on Ryan Gosling operator garbage. Really, besides being israeli, how do the fricks who greenlight this shit have jobs?
Disney is also doing shit like automatically giving people with Hulu Live a Disney+ subscription as part of a price increase, then counting those as new customers in the quarterly earnings even though none of them signed up of their own accord. Streaming services aren't a good business model right now.
Should have stuck with mail order dvds.
I'm gonna subscribe just so I can unsubscribe
It’s in, they lost just shy of a million customers
wonder why they are losing fans again and again and again and again and again
why dont they just not shit the bed?
especially with resident evil, the fans were satisfies with milakino, absolute garbage movies that were fricking based and cool
>pretends to expect 2 million losses
>spin the 1 million losses as 'better than expected'
Lose 200K, report next quarter will lose 2 million
Next quarter comes, lose 1.5 million
Netflix doing better than expected!
Everytime.
PR/media copium
Yeah that's one way for them to paint this
Doubt next quarter will be a bigger loss
>lost 1 million subscribers
>trying to say this is a good thing
lmao, corporate PR is hilarious
>we lost one million DRUMPF and CHUD subscribers and that's a good thing!
Drumpf is a pedo who harasses children on the street and the chuds who still believe in drumpf hype are pedos themselfs
>out of office for two years
>still lives rent free in people’s heads
The REAL secret to real estate profiting.
Hitler's been dead for like 80 years and he still "lives rent-free" in a lot of the world.
You meant Hollywood and mainstream media which are controled by molock's and satan's chosen people
Its true the drumpf lives in peoples heads rent free wish i had a power like that
given that they raised prices by 30% i can't help but see this as anything but a win. if I wasn't broke I'd have gone all-in on netflix about two months ago
Black person what how the frick is uping the price by 30% a good thing ? It wouldn't attract new subcribers and wil drive off old one from renewing their subcribtions
>they say all the time netflix will die
>but this time all normie frens I could leech it from cancelled
nobody cares
Should stop making WOKEflicks then
the real problem with streaming services is that they all have nothing worth watching in their catalogues that isn't already available elsewhere for free
That's a bingo. Anyone half way computer literate can watch anything they want for free on their home screens. The kinoplex will always be king.
Let it all fricking crash and burn
>Netflix shares jump as Q2 subscribers beat estimates
Netflix bros, we win again
It says a lot that Stranger Things season 4 was one of the biggest streaming successes ever and Netflix is still in steep trouble