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Netflix loses 130k US subscribers

Discussion in 'Streaming and Digital Media' started by Martin Dew, Jul 18, 2019.

  1. Scott Merryfield

    Scott Merryfield Executive Producer

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    From what I understand, Netflix's stock value didn't drop because they lost 130,000 subscribers, but because they did not come close to reaching their own projected growth goals last quarter. That will always cause a stock to drop.
     
  2. Message #42 of 47 Jul 23, 2019
    Last edited: Jul 23, 2019
    Cranston37

    Cranston37 Screenwriter

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    I would also argue, in response to Josh's post, that the stock dropped not because of where the market sees Netflix's business today, but because of where it sees it being 2-3 years from now.
     
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  3. Josh Steinberg

    Josh Steinberg Executive Producer
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    That's a good point.

    It's probably a different discussion, but what does that say about the state of the industry that they have over 100 million subscribers and both they and their shareholders still feel a need to project and see growth in order for them to consider the company a success? Everyone may be setting the bar unrealistically high.
     
  4. Message #44 of 47 Jul 24, 2019
    Last edited: Jul 24, 2019
    Cranston37

    Cranston37 Screenwriter

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    Netflix has now lost $24 billion in value as the stock has dropped for 9 straight days...
     
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  5. Worth

    Worth Cinematographer

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    Yes, but they're also spending $15 billion on programming.
     
  6. David Weicker

    David Weicker Producer

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    And how many of those 100 million are active subscribers?

    According to many posters here, they activate for a month, then drop for several months, then re-activate when a show they like comes out (and none of the other half-dozen services are still active).

    Is 100 million an accurate number or just marketing hype?
     
  7. Neil Middlemiss

    Neil Middlemiss Producer
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    chartoftheday_10311_netflix_subscriptions_usa_international_n.
     
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