It looks like Netflix’s (NFLX) $200 million bet on “The Gray Man” might have paid off. The action-packed film starring Ryan Gosling, Chris Evans, and Ana De Armas made its debut on the platform on Friday and quickly climbed its way to the top of the streamer’s competitive top 10 list, despite lackluster reviews. According to the company’s latest global viewing report, subscribers watched more than 88 million hours of the movie within its first three days on the platform (July 22 – July 24). For… Source link
Read More »Netflix’s next chapter will feature this card game company
Netflix (NFLX) has struggled in recent months, prompting investors and company watchers to wonder what the streaming giant’s future looks like. That future, as it turns out, could be linked to “Exploding Kittens,” a card game about “cats and destruction.” Netflix and the card game-maker are collaborating on a TV show helmed by “King of the Hill” creators Mike Judge and Greg Daniels — and it’s going to feature a multi-platform approach that’s likely to be a key to Netflix content in the… Source link
Read More »Netflix’s role ‘as a must-have service’ is ‘more of a curse than a blessing’: Analyst
Netflix (NFLX) might be the number one streaming service on the market — but that’s not always a good thing, at least according to a new note from Bank of America (BAC). The big bank, which slashed its price target on the stock from $240 a share to $196, surveyed over 1,200 U.S. adults to better understand Netflix’s position amid the competitive streaming landscape. According to the survey, Netflix remains the top most-subscribed-to service, capturing 79% of total respondents. Amazon Prime ( Source link
Read More »Netflix’s plan to charge people for sharing passwords is already a mess before it’s even begun, report suggests
A scene from Netflix’s “Stranger Things” season three.Netflix Netflix says it will charge users who let people outside their households use their account. It has been trialing this new policy in Costa Rica, Chile, and Peru. Peruvian Netflix users told Rest of World they haven’t seen any enforcement, and the policy has been confusing. Netflix has been trialing its upcoming crackdown on password-sharing in three Latin American countries — but with limited success so far, Rest of World reports. Source link
Read More »Netflix’s subscriber loss is a ‘body blow to the bull case’
Make no mistake: The drop in Netflix’s (NFLX) subscriber count is a major setback for the company, Manhattan Venture Partners Head of Research Santosh Rao told Yahoo Finance (video above). “This is a body blow to the bull case — definitely to the Netflix story, the subscriber story,” said Rao. “Netflix was all about subscribers for so long… and it’s really taking it on the chin here.” Netflix’s stock tanked in response to its latest round of earnings, as shares dropped by more… Source link
Read More »Netflix’s best days are behind it, says analyst who predicted the stock’s crash
Netflix (NFLX) is past its prime. Shares of the streaming media giant crashed nearly 40% on Wednesday as the company uncorked another disappointing quarter, sparking fresh worry on the Street about future growth potential. “I think its best days are behind it,” said Macquarie tech analyst Tim Nollen on Yahoo Finance Live. Nollen is one of the few analysts on Wall Street to downgrade Netflix shares ahead of the company’s latest results. And Nollen’s call looks to be spot on. Here’s how Netflix… Source link
Read More »Netflix’s ‘Two Thumbs Up’ button is ‘more than cosmetic,’ marketing expert says
Netflix (NFLX) on Monday unveiled a new “Two Thumbs Up” button that will allow subscribers to love content, moving beyond the thumbs up-down binary. Yes, we could love “Stranger Things” and like “Inventing Anna” before Monday — but there wasn’t a way for viewers to expressly help Netflix’s algorithm draw that distinction. Now, users will have the option to rate movies and shows they watch with a thumbs down, a thumbs up, or two thumbs up. This second thumb has a deeply practical… Source link
Read More »From Netflix’s ‘Queen’s Gambit’ to HBO’s ‘Undoing,’ here’s how the miniseries is leading TVs revolution
TipRanks The 5G Revolution Could Send These 3 Stocks Higher We’ve got a full month of 2021 behind us now, and a few trends are coming clearer. The coronavirus crisis may still be with us, but as vaccination programs expand, the end is in sight. With President Trump out of the picture, and the Democrats holding both Houses of Congress and the White House, politics is looking more predictable. And both of those developments bode well for an economic recovery this year. Looking back, at the… Source link
Read More »‘Bridgerton’ renewal, monster earnings underscore Netflix’s streaming dominance
Netflix’s (NFLX) latest breakout series, “Bridgerton,” has been officially renewed for season 2 — and it couldn’t come at a more perfect time. The news, which was announced on Thursday, was not all that surprising given the huge success of the series. In fact, “Bridgerton” is Netflix’s most-watched series premiere to date, with 63 million households projected to have seen at least a portion of the show in its first four weeks, according to the company. (Caveat: Netflix counts… Source link
Read More »