Netflix and sport? Stranger things have happened
Sport has an “audience that no other product can deliver”
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Netflix Inc
NASDAQ:NFLX
Netflix Inc is one of the world's leading entertainment services with over 260 million paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time.
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Netflix axes staff as subscriber numbers fall
Netflix said it lost about 200,000 subscribers globally, and projected it would lose a further 2mln in the upcoming quarter
Netflix pitches reality show based on Squid Game with cash award of US$4.56mln
Filmed in the UK by ITV Studios, 456 people will compete in the game for a US$4.56mln reward
Netflix shares dumped by hedge funds even before its recent gloomy results
The 52-week trading range for Netflix is US$162.71 - 700.99, with the current share price very much at the lower end of that range
Walt Disney reports higher streaming services sign-ups unlike rival Netflix
Sales climbed 23%, bolstered by its amusement park business that saw revenues more than double, while profits dropped by almost half
Netflix may introduce cheaper ad-supported plan by Christmas
The company expects to crack down on password-sharing violators during the same timeframe
Does HBO’s emphatic outperformance explain what’s going wrong for Netflix?
One platform is growing rapidly whilst the other has slowed to a halt.
HBO Max delivers solid subscriber growth
Subscription revenue, up 4.4% to US$4bn, was primarily driven by HBO Max, and higher content and other revenues
CNN to shut down streaming service just a month after launch
The decision comes just days after Netflix had nearly US$50bn wiped off its valuation after losing 200,000 subscribers in the first three months of the year
Billionaire Ackman sells Netflix stake at US$430mln loss
$50bln was wiped off Netflix's value yesterday after revealing it was losing subscribers
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Fuller Treacy Comment of the Day - Sahara Solar Could Rescue Britain's Broken Energy System and Netflix Breaks Rules as Subscriber Losses Batter Shares
Comment of the DayVideo commentary for April 20th 2022 A link to today's video commentary is posted in the Subscriber's Area.Email of the day on investing in autocraciesWhich firms have monopoly - pricing power?My view - Thank you for this
Netflix value falls US$50bn on shock drop in subscribers
Shares in the streaming giant fell 38% to a four-year low
Netflix earnings under more scrutiny as UK households slash non-essential spending
The company guided to 2.5mln new customer additions in the first quarter of 2022, well below the 4mln a year before and the 8.3mln in the fourth quarter of 2021
UK cost-of-living-crisis hits streaming subscription services
Kantar said there were 1.51mln cancellations, outweighing new subscriptions at 1.29mln
Netflix tests charging for password sharing
Members will be able to add up to two accounts for people they do not live with
Netflix announces first ever price rise for UK basic package
"Our updated prices reflect the investment we have made in our service and catalogue"
Five at Five: Another FTSE 100 fall, rate rise coming, Optibiotix readies new generation of products, Biden turns on crypto and Tesla tanks
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Attention turns to other FAANG companies as Netflix shares plummet
Netflix was the first of the FAANG companies to report results this year
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FIVE at FIVE: FTSE 100 tanks, Britishvolt funding powered up, Netflix’s slow growth spooks investors, eyes on mid-cap oilers as prices rises...
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
US stocks close down sharply as Netflix shares plunge
The Nasdaq is off to its worst start to the year through the first 14 trading days since 2008
Netflix shares continue to tank after weak subscriber growth forecasted
The world's biggest streaming services company said it expects to add 2.5mln customers in the first quarter, fewer than half of the 5.9mln predicted by analysts
Tech stocks pull Wall St down with Netflix hit hard, while Google and Facebook fight a curb on content
“What happens on the internet, parents see it, it’s the Wild West,” said EU commissioner Thierry Breton, who tabled the original proposal in December 2020. “We don’t know what kids are doing anymore… harassment, hate speech, attacks on demo
What to watch as Netflix releases Q4 results
Da-dung ... Netlfix releases its fourth-quarter results later today.
Deutsche Bank downgrades Netflix, but many others raise targets
The video streaming giant's shares have notched up a new all-time high
What’s next for Netflix stock after expectation beating quarter?
Not counting any hits we don't see coming, like Squid Game, the fourth quarter is packed with the latest seasons of already successful Netflix original content.
Netflix beats expectations as Squid Game helps drive subscriber numbers higher
Netflix said it has begun testing its new video games offering in certain countries
US stocks close higher on parade of upbeat 3Q earnings
For investors, supply chain issues and inflation loom in the background
US stocks end mixed as Treasury yields dip
At the close, the Dow rose 91 points to 34,391, while the S&P 500 edged up seven points at 4,360 and the tech-heavy Nasdaq moved 34 points lower to 14,512
Netflix aims to create 'unique universe' of TV and games based on Roald Dahl stories
Like Disney's purchase of the Star Wars franchise, this is Netflix's chance to do something similar, one analyst said
Netflix insider trading ring busted for after “improbably successful” record
The software engineers shared confidential information on subscriber growth, the market's favourite metric for the video streaming star
Elderly flocking to Netflix and Amazon suggests Deloitte research
"The pace of adoption has been really fast. It has been a surge, due to lockdowns, in particular during winter."
Netflix subscriber growth continues to slow, with entry into mobile gaming confirmed
"We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV," the company said
Netflix, easyJet, miners and supermarkets make for a super-busy Tuesday
There are other companies with updates or results due, including CVS Group, Audioboom, OneMedia IP and Supreme
Netflix eyes older viewers as it becomes a victim of its own success
The streaming giant is expected to add just 1mln new subscribers in its second quarter, continuing a steep slowdown in user growth following a boom during the pandemic
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US benchmarks end the day mixed as the Nasdaq falls on growth concerns
The Dow rose 54 points while S&P 500 eased 14 and the Nasdaq was down over 101 points, or 0.7%
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Netflix brings in ex-Facebook exec to lead shift into video games
The streaming giant could reportedly launch games on its platform within the next year
Channel 4 battle looms as UK government confirms ownership review
Tighter regulation for streaming services will also be looked at
Netflix and Steven Spielberg's Amblin agree movie-making deal
Amblin will produce several films a year for the streaming giant
Channel 4 might be sold next year as UK government speeds up review
John Whittingdale, the media minister who looked at a possible sale of the broadcaster when he was Culture Secretary, is likely to lead the review
BT Sport suitor Sir Len Blavatnik named “Britain’s Richest Man”
Blavatnik's DAZN is among the companies said to be in talks to buy or team up with BT Sport.
Cash-positive Netflix has means to remain No1 streamer, says Jefferies as sets bullish target
Having turned the corner into positive cash flows, the company can now “prime its original content pump” with an offering that “rivals the entire TV/movie industry combined”
Netflix will still be top dog in streaming sector despite recent subscriber miss
While the streaming giant let down investors with its first-quarter numbers, one analyst says the firm still has the capability and the cash to stay ahead in the short-term despite a plethora of new rivals nipping at its heels
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Wall Street surges to snap two-day losing streak, Dow crosses 34,000 again
Reopening plays rebounded significantly after struggling Monday and Tuesday
Netflix subscriber growth slams on the brakes as COVID-19 pandemic boom ends
The streaming giant reported that 3.98mln people signed up to the platform in the first three months of 2021, well below forecasts of 6mln
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Wall Street ends in the red again this week
The main indices pulled back in New York, following the trend set by global markets
Netflix subscribers top 200mln at end of 2020
The streaming giant's subscriber base now numbers 203.7mln after adding 8.5mln in the final quarter of the year
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Email of the day on the Dollar and competitive currency devaluation
I hope you are well and had a relaxing Christmas. This article (attached) today in the Telegraph added some interesting facts about the UK's trading future post-Brexit. It also seemed to cut across your own recent remarks about the future o
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Belt up for the coming 'Global Super Cycle' and a $100 trillion World by 2023
The Emerging Market (EM) share of world output in the last 20 years doubled from 19% to 38% with the EM world growing at about double the rate of the Developed world (DM). This kept the total world growth at a 3-3.5% range over the last dec
Netflix reports weakest quarterly subscriber growth in four years, earnings miss forecasts
The company added 2.2 million paid subscribers globally during the quarter that ended September 30, below the consensus target for 3.4 million and its own forecast
Netflix's second quarter figures beat forecasts, but streaming giant warns of subscriber slowdown
The company added 10.1mln new subscribers during the quarter as consumers searched for content amid pandemic lockdowns across the world
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Prospering in the pandemic: the market winners
We also ranked them. It would have been nice to use profits or sales as the gauge of success. But the lag in reporting and different calendars made that impractical, even for public companies. So we stuck with a market measure, accepting th
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China in counterfeit gold scandal as Wuhan company uses fake bars to gain $4.1bn in loans
The story broke after a Beijing-based website investigated complaints and then posted the news under the headline: “The mystery of [US]$2 billion of loans backed by fake gold”. Kingold is denying it lodged fake bars with Chinese lenders suc
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Email of the day - on when to use point and figure charts
Fauci Warns Early Reopening Could 'Set You Back', Cause Deaths This article by Laura Litvan and Justin Sink for Bloomberg may be of interest to subscribers. Here is a section: The checkpoints that Fauci cited call for a succession of steps
Netflix sees ‘coronavirus boom’ as subscriber numbers soar
The streaming giant reported 16mln new subscribers in the first quarter of 2020, more than double forecasts
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Netflix's Decline Emphasizes Limited Value of Users Overseas
Netflix Inc.’s latest earnings report spurred mixed feelings across Wall Street as growth overseas was offset by a slowdown in the U.S. amid rising competition from Walt Disney Co., Apple Inc. and more forthcoming launches
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Netflix offers gloomy outlook for 2020 despite strong end to 2019
Despite beating expectations for earnings and subscriber growth in its fourth quarter, the streaming giant is expecting a slowdown in new users as competitor platforms begin to eat into its market share
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Netflix shares recover after third quarter subscriber growth tops expectations
The company eased some concern about impending competition from Apple and Disney
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At Least 70 Countries Have Had Disinformation Campaigns, Study Finds
The danger is the proliferation” of the techniques, he said. “Anybody who wants to influence the 2020 election may be tempted to copy what the Russian operation did in 2016.” China’s emergence as a powerful force in global disinformation is
BBC to launch regional accent competitor to Alexa and Google Home
Employees of the broadcaster are being asked to record their voices so ‘Beeb’ can understand them.
Netflix subscriber miss could place ITV in the takeover crosshairs
Analysts at Liberum said that the FTSE 100 broadcaster would be an "obvious" acquisition option for the streaming giant due to its substantial content production arm, ITV Studios
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Homeware maker Ultimate Products soars on THIRD profit upgrade this year
Some of the major news-driven risers and fallers in London on Wednesday…
Rival streaming services could cost Netflix 65% of its viewing hours, says Wedbush
The launch of rival streaming services by the likes of Disney and NBCUniversal was expected to result in a slow bleed of content away from Netflix's service
Hardware & electrical equipment
Facebook unveils new Libra cryptocurrency
The social media giant unveiled the digital currency in a whitepaper on Tuesday, with an official public launch planned for next year
Hardware & electrical equipment
Keywords acquires Canadian audio description firm Descriptive Video Works
DVW has provided audio description services for broadcast programming as well as live events such as the Olympics, for which it was the first company to provide real-time audio description
Netflix turns south in roller-coaster trading following worrisome quarterly report
Executives reassured investors that competition from Apple and Disney isn’t as troublesome as some thought, but its shares dipped again
Wall Street finishes in the green thanks to late surges from Qualcomm, Boeing
Qualcomm settled with Apple, and Boeing inked a major defense contract, giving the major indices a much-needed afternoon boost
Entertainment One sizzles as Peppa Pig once again helps bring home the bacon in 2019
In a trading update for the year ended 31 March, the FTSE 250 media firm said underlying earnings (EBITDA) in its Family & Brands division, which includes Peppa Pig, had jumped 25% over the year
The residential Real Estate industry prepares for its day of reckoning
There’s no denying that the buy-side of the real estate industry has been, and remains, ripe for disruption
As M&S and ITV unveil tie-in deals, is the plug-and-play/consolidation model becoming the default catch-up method for digital?
With M&S choosing to anchor itself to online grocer Ocado and ITV and the BBC pooling their efforts in online streaming, have tie-ins and consolidation become the best strategy to ward off the surge in digital competition?
Hardware & electrical equipment
Apple and Goldman Sachs team up to launch credit card
The new card will integrate with Apple’s iPhone and provide features to track spending, set savings targets, and manage balances through its Wallet app
Google owner Alphabet fined €50M by France’s privacy regulator for breaching EU data protection rules
Google has come under CNIL’s scrutiny many times before but, under the old rules, fines couldn’t exceed the maximum of €150,000
Investments and investor services
Late Movers: Salesforce.com Inc rallies after announcing plans to add 1,500 jobs in Ireland
Also moving were Caterpillar and Boeing, as well as Tesla and Eli Lilly
Investments and investor services
Dow closes 336 points higher as Wall Street reports fourth-straight trading win
Beijing has pledged to go on a six-year buying spree of US goods in a bid to resolve its bitter trade dispute with the US
Netflix adds 8.8mln subscribers in final quarter after releasing movie hits Bird Box and Roma
Shares fell 2.8% immediately after releasing the results on concerns about how much the company is spending on original content
Netflix raises prices in US to cover soaring content costs
It’s a change in tactics from Netflix bosses, who have previously turned to the debt markets to finance its ever-increasing content and marketing spend
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FTSE 100 closes lower amid more political noise; Pearson biggest laggard
The UK's blue-chip index closed down around 32 points at 6,862 on the day
Investments and investor services
Late Movers: Activision Blizzard tumbles 10% after saying Destiny rights going to Bungie
GM led gains on the S&P 500 after CEO Marry Barra's comments
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EARLY MOVERS: Netflix Inc shares perk up after broker upgrade but Activision Blizzard Inc takes a dive
Also in focus before the New York bell are the clothing and lifestyle firms PVH Corp and Urban Outfitters
Hardware & electrical equipment
Linius Technologies appoints former Netflix director to strengthen advisory board
The new advisory board will apply their deep understanding of the media, broadcast and streaming industries to fast-track Linius’ continued commercialisation.
Wall Street stocks dive to weak close to erase 2018 gains for Dow, S&P 500
Selling spree in Apple accelerates after report it may have sliced production orders for all three iPhone models launched in September
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FAANG Report:Amazon's 2HQ decision shows its long game; a buying opportunity in Apple?
Facebook confirms feud with Apple; Netflix picks up Korean drama set in Spain
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FAANG Report: Amazon and Google in race for high-tech talent; Facebook becoming a job site
Apple looking to give away its watches through insurance programs, Netflix eyes mobile subscription plans
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FAANG Report: Backlash building against Amazon's second HQ; Facebook woos teens
The e-commerce giant surprised many with its decision to split its second headquarters
Investments and investor services
Wall Street stocks finish mixed as players digest US-China trade talks
Treasury Secretary Steve Mnuchin and Chinese Vice Premier Liu He kicked off talks to settle a simmering trade war ahead of the G20 summit
Hardware & electrical equipment
FAANG Report: Apple top seller in Alibaba's online shopping spree; Amazon discounts start Friday
New scam is making the rounds of Facebook while Amazon lists its device discounts going up this Friday, November 16
Hardware & electrical equipment
FAANG Report: Google overhauls sexual harassment policy; Netflix ready for streaming battle with Disney
Facebook making available a feature to unsend messages, but only for 10 minutes
European Commission seeks input on investigation into Disney pay-TV commitments
The watchdog said it was concerned that clauses in contractual deals between six film studios, including Disney and Sky, could prevent programmes being shown across borders
Hardware & electrical equipment
FAANG Report: Google expanding presence in New York; Facebook launching dating service in Canada
Attempt by US Post Office to raise rates it charges retailer Amazon could well end up backfiring against the government
Hardware & electrical equipment
FAANG Report: Amazon releases holiday toy catalog; Apple quashes settlement talk with Qualcomm
Netflix releasing more European language films after hits in Spain and Germany; Google to offer enhanced security emails and Facebook faces demands from five countries for testimony by Mark Zuckerberg
Hardware & electrical equipment
FAANG Report: Booksellers protest Amazon's move to drop stores; Google's midterm election doodle is 'Go Vote'
Facebook and Instagram take down accounts believed involved in US election meddling
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FAANG Report: Amazon narrows choice of 2nd HQ to three cities; Facebook hit for white supremacist ad
Apple slapped with a downgrade after its earnings report while Netflix got a double upgrade
Hardware & electrical equipment
FAANG Report: Satanists warn of lawsuit against Netflix over statue; Google marks 'Day of the Dead'
Apple's cash hoard still north of $237 billion; Google creates doodles to honor day of the dead
Hardware & electrical equipment
FAANG Report: Apple results may be sole bright spot for tech stocks; Amazon jumps onto mattresses
Facebook's era of almost non-stop growth appears to have come to an end after the company got buried by a string of data security and privacy scandals
Hardware & electrical equipment
FAANG Report: Apple stock may stage a breakout; Google workers to protest sexual harassment payouts
James Patterson's newest novel "The Chef" is being released on Facebook's Messenger service
Investments and investor services
Short-selling in FAANG stocks up in October and more in store as tech sell-off gathers pace, says S3 Partners
The amount of shorts in the FAANG stocks climbed by around 7% in October
Hardware & electrical equipment
FAANG Report: Apple probing report Chinese made its watches; Facebook investors wary ahead of results
Facebook investors are hoping its results due out on Tuesday will not show any more nasty surprises after its toughest year as a public company
Investments and investor services
FAANG Report: Amazon's miss may be a buying opportunity; Google wrestles with sex harassment charges
Apple has found services as its second-biggest source of revenue; Netflix workplace culture said to be 'dysfunctional'
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FAANG Report: Apple CEO Tim Cook calls for US privacy law; Facebook working on augmented reality glasses
Bears said circling Netflix stock as Google abandons campus tech hub in Berlin