Thread: VOD Netflix/Streaming Services
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Old 25-09-2019, 07:36   #6484
OLD BOY
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Re: Netflix/Streaming Services
Quote:
Originally Posted by jfman View Post
They revised down their forecasts at their last quarterly results.

I'm not sure why people on this forum seem to take criticism of Netflix personally? It's only TV.

It's hardly a "pot, kettle..." issue. I'm reacting to new information, giving new analysis and new insight. Others on this forum have been saying the same thing for five years without adjusting for reality - indeed offering often contradictory insight.
I don't see anyone getting personal about Netflix. However, I do find it necessary to comment when some are merrily talking about Netflix going down when they are the most successful streamer of the lot.

I agree that they will face major challenges when they face growing competition, particularly with the launch of Disney +, but to be talking about them going under or being in big trouble is one hell of a stretch.

Their audiences are still growing and will continue to do so as they roll out and extend their services across the globe. As some are pointing out, they still have an additional advertising option they can consider to attract even more subscribers, although the CEO has stated in the past and also fairly recently that Netflix will not do commercials. I don't think he would be so adamant about that if he was concerned about the financial position of the company, do you?
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