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Old 17-07-2019, 23:31   #5692
muppetman11
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Re: Netflix/Streaming Services

Quote:
Originally Posted by jfman View Post
Monday.

---------- Post added at 22:21 ---------- Previous post was at 21:47 ----------

Oh dear. Netflix shares down 10%, subscriber growth half what they expected. Subscribers numbers DOWN 130,000 in the United States.

https://www.theguardian.com/media/20...growth-targets

That’s without all the exciting competition that Old Boy promises us.
As quite a few of us have been saying for a long while , just wait until the competition hots up even further and more and more third party content gets removed.

The other problem is how do you combat it , if you spend lots more on original content the subscriber is then handed even larger increases in subscription costs leading to higher churn.
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