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CNN New Day With John Berman and Brianna Keilar June 4, 2024 11:35:00

Certainly didn t help first-quarter numbers. if you back out the 700 subs the company lost, it had net subscriber growth of half a million. that is still 2 million subscribers less than they projected. so that s not good news. covid, the growth that it experienced during covid is pretty historic for netflix. it typically grows a lot in times of bad economic times or instability. people want to stay home and cocoon. they don t have the money to go out to get entertainment. so they will stay home and do netflix. what s new is during the covid pandemic and a little bit before, a lot of new players entered this market. and this is the first time they have ever actually had to compete on a streaming basis with companies that have much bigger libraries than they have and much better titles, better known titles. it s a lot of things going on. it will take a little while to ....

Didn T Help First , 2 Million , A Million ,

Netflix's collapse is a warning sign for stocks

Shares of Netflix are imploding after the company reported its first quarterly loss of subscribers in more than a decade, far underperforming expectations and worrying investors that had been betting ....

United Kingdom , Great Britain , Michael Hewson , Andy Lipow , Elon Musk , Reed Hastings , Chris Isidore , Matt Egan , Lipow Oil , Credit Suisse , Federal Reserve , Stranger Things , General Motors , Wall Street , Inance And Investments , Roadcasting Industry , Usiness And Industry Sectors , Business Figures , Conomy And Trade , Ompany Activities And Management , Ompany Earnings , Igital And Streaming Video , Economic Indicators , Conomy And Economic Indicators , Elon Musk , Nergy And Resources ,

MSNBC Morning Joe June 4, 2024 13:35:00

And this guy, this industry insider said, do you realize that hulu makes the overwhelming majority of its money, like 80% of it money, off the 499 subscribers who will watch the ads, pay $4.99 a month, and that s where they get all their money? it seems that that s a reality that obviously works for peacock. it s also a reality, though, that i think is probably facing netflix in the future, right? absolutely. look, reed hastings, the ceo of netflix, thought for a long time, the subscriber-only, no advertising was a better model partially because it was simpler, partially he thought it was about the experience. but when you think about the revenue possibilities longer term, you look at somebody paying $4.99, $7.99, plus the advertising, it makes up even more. they re making more off that customer, the advertising, plus then they are the person who s paying the full amount, the $11, ....

Talk About Hulu , It Money , Industry Insider , The Future , 4 99 , Reed Hastings , 7 99 ,

Seed library setting up in Pierrefonds-Roxboro

Residents of Pierrefonds-Roxboro will soon have access to a seed library where they can pick up free seeds to grow at home. Located on the upper floor of the Pierrefonds ....

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FOXNEWS Outnumbered June 4, 2024 16:41:00

Way too much money on the content and they never got to the subscriber level where the amount of money they are spending makes financial sense. an analyst i don t mean to take up all the time, but robert cadwell was on mornings with maria was upholding. netflix hold this based on the 700 million subscriber level. netflix can barely make it above $200 million. the content makes no sense. they had spent millions, hundreds of millions of dollars in the past five years trying to win a best picture academy award. why would that matter to their subscriber base? amazon is going to pull back to spend, disney is going to do the same. proceed with discovery in ....

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