ICYMI: Netflix's surprising move to cease reporting subscriber numbers has sent shockwaves through the streaming industry, raising questions about the company's future trajectory. With shares taking a 4.2% hit, investors are left wondering about the implications of this decision and how it will impact Netflix's competitive position in the ever-evolving #streaming landscape. https://lnkd.in/gNM_B2NU
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The most interesting thing about Netflix’s transition is how it reflects broader changes in the way the market treats streaming. Entertainment companies are always trying to work the refs, especially in the streaming era. Warner Bros. Discovery thinks it doesn’t get enough credit for its progress toward making Max (formerly HBO Max) healthy. Others say that Warner Bros. Discovery’s numbers, which show profitability from its direct-to-consumer segment, are hard to parse because they include traditional HBO. Peacock still seems to get points, at least in the press, for gaining subscribers, despite losing massive amounts of money. Now Netflix is trying to shift market expectations again. But this time, on its own terms.
Netflix wants us to stop obsessing over subscriber numbers. What that says about the company
latimes.com
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In a world where streaming giants continually redefine innovation, Netflix's strategic decision to stop regularly reporting subscriber numbers marks a bold shift. This move places a greater emphasis on financial metrics, revenue, and profit growth, positioning Netflix for potential expansions into advertising and video gaming. Mirroring the evolutionary steps of tech behemoths like Amazon and Apple, Netflix's focus on broader success measures signals a significant evolution from a pure-play streaming service to a multifaceted, tech-forward entity. However, this raises questions about data transparency and competition among streaming services. In the ever-evolving media landscape, this strategy not only showcases Netflix's readiness for future industry shifts but also challenges the established norms of entertainment and technology. For media and tech industry leaders, it serves as a clarion call to rethink what constitutes success in the digital age. As Netflix explores new sectors, adopts financial metrics, and evolves beyond traditional streaming, it underscores the importance of strategic planning and competitive positioning. What are your thoughts on the future of data transparency and competition in the streaming services sector? How do you think Netflix's strategy will reshape the competitive landscape and potentially signal future technological advancements in media? Share your insights and comments below. #Netflix #StreamingServices #MediaInnovation #TechTrends #DigitalStrategy #EntertainmentIndustry #VideoGaming #Advertising https://lnkd.in/dh7e9VQJ
Should Netflix Rivals Imitate Its Decision to Stop Disclosing Subscriber Numbers?
https://variety.com
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Netflix on Thursday unexpectedly announced that it will stop reporting subscriber numbers each quarter, a decision seen as a sign that years of customer gains in the streaming wars are coming to an end.... Read More At:- https://lnkd.in/gYXYExTA Netflix #Announced #SUBSCRIBERS #customer #streaming #Netflix2024 #news #newsfeed #NewsUpdate #dailynews #IBWNews
Netflix ends subscriber tally reporting
https://www.indianbroadcastingworld.com
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🔍 Despite smashing Q1 earnings, Netflix’s stock dipped by 15% after announcing they are no longer reporting on subscriber numbers. In his latest op-ed for The Current, our Co-Founder, Joel Cox, argues that the real value of #Netflix extends beyond its sheer amount of subscribers. This pivot reflects a broader industry trend towards sustainability and diversified revenue streams, including ad-supported tiers. 🤔 Is Netflix ahead of the curve, or is Wall Street's skepticism warranted? Read Joel's full analysis here: https://lnkd.in/gRBpmMFm What's your take on this strategic shift? #ConnectedTV #CTV #OTT #StreamingMedia
Doubt Netflix at your own peril | The Current
thecurrent.com
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"Netflix's era of growth is upon us" "10-year original library strategy leaves competitors in the dust" Netflix has announced its Q2 earnings, and with over 8 million new subscribers, it looks like it's unstoppable. With Paramount Global's sale, Warner's layoffs, and Disney's content cuts, the news from its competitors is rather depressing. Netflix's strength is clearly in its content. The recently announced Emmy nominations show Netflix in 107 categories, close to the all-time high of 120. Korean content, including "Queen of Tears," also helped drive new subscriber acquisition. In the Asia-Pacific region, Netflix gained over 2.8 million unique subscribers. The power of Netflix has now translated into absolute power to set the price of the "streaming economy." This streamer is on the march to conquer smart TVs. https://lnkd.in/gYDeQk78
스트리밍 서비스의 침체 속, 넷플릭스만의 성장 시대가 열린다(Amid streaming services' slump, Netflix is poised for growth)
directmedialab.com
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✅🖥️ New York Times (6/22): “Streaming has long been hailed as a promising business, because companies like Netflix can add additional subscribers at little extra cost. The more paying subs a service has, the more the company’s costs can be spread out over a large base, lowering the cost per sub. But those want lots of options, and the costs of making enough programming can be enormous. As a result, a streaming service’s profitability depends in large part on how many paying subs are needed before those TV shows and movies become cost-effective. There was a time when industry execs hoped that number might be as low as 100MM. But now the consensus among many of the executives interviewed is that the number is at least 200, and possibly more. “If you’re going to be a full entertainment service with live sports and tent-pole blockbusters today, 200MM is a number that can give you the scale with the hope for growth over time,” Amazon (execs have) said. Bob Chapek, Disney’s CEO until 2022, also agreed that 200 was the number that meant “you’re big enough to compete.” Netflix has reached that, and then some, with about 270MM paying subs. Moreover, those pay an industry-leading average of more than $11 per month. Netflix is highly profitable, with operating margins of 28 percent. In the first quarter of 2024, Netflix reported revenue of $9.4B, and $2.3B in net income. No one else comes close. Disney and Amazon are the only other streaming services with more than 200MM subscribers.” ⬇️ #streamingtv #ctvadvertising #avod #svod #ott #fast #upfronts
The Future of Streaming (According to the Moguls Figuring It Out)
https://www.nytimes.com
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Netflix closed Q4 with impressive results that solidified its leading position in video streaming. However, there has been considerable debate regarding the upcoming subscription price increases and whether they are warranted. Our own Stefan Lederer offered his insights to Quartz on how Netflix can find the right equilibrium among pricing, content, and innovation without driving viewers away. https://okt.to/zJIXvS
Netflix keeps raising prices. How far can it push before consumers push back?
qz.com
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The content is King and distribution is GOD.. when you give Market analysis content with High quality engagement will fall in place rather then spend on user acquisition #Ott #useracquisition #userengagement #Netfilx #Bsvalue
"Subscriber count meant everything in the early days of streaming. It allows investors, studios, and everyone else to gauge just how well a streaming service is doing compared to the competition, and Netflix has leaned on its lead in that area. But now, Netflix says it is flipping this idea on its head because it has multiple sources of revenue that don’t hinge solely on monthly memberships. ... Netflix co-CEO Ted Sarandos said during an earnings interview. “Why we focus on engagement is because we believe it’s the single best indicator of member satisfaction with our offering, and it is a leading indicator for retention and acquisition over time.” In other words, streaming is just getting more like cable. Instead of placing value in the people who sign up for its service, Netflix is betting that they’ll stay subscribed and maybe even pay to add an extra member." #streaming #DTC #streamingecosystem #netflix #netflixeffect #streamingwars #peakTV #revenuestreams #businessmodels #streaminggrowth #revenuemodels #subscribers
Netflix is not all about the money, or members
theverge.com
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Netflix just bumped up their prices again, and while some are grumbling about it, it’s actually a bigger sign of what’s happening across the streaming world. Companies like Netflix are juggling how to stay profitable while keeping customers happy, and those decisions impact everything from your monthly bill to the future of content you love. What does it mean for customer loyalty? Will more people cancel, or is this just part of the cost of doing business in the streaming age? The one key here is that Netflix actually has original content and is purchasing more live content daily. #Streaming #StreamingTrends #Media
Netflix Celebrates Record-Breaking Sub Surge With...a Price Hike?
nofilmschool.com
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Netflix has announced a significant shift in its reporting strategy, opting to discontinue quarterly subscriber number disclosures, signaling a potential slowdown in its years-long streak of customer gains in the streaming wars.... Read More At:- https://lnkd.in/gUMcdb9y Netflix #Strategy #subscribers #Strategy #slowdown #customer #streamingwars #news #NewsUpdate #newsfeed #dailynews #IBWNews
Netflix halts Quarterly subscriber reporting amid growth slowdown
https://www.indianbroadcastingworld.com
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