HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Think it was either MASA Capital or Ent Strategy Guy who outlined ways you could tell Netflix was really in trouble 2 years ago ......
They have hit almost all of them (Ad Supported Tier was their most recent to come true). Going to weekly releases for shows and buying Paramount or another studio is next up.
That's not to say weekly releases is not healthier (there's a reason it was the industry norm for decades), but means they are no longer in a position of strength where they can blow out entire seasons for all their hit shows.
Wow, Netflix stock down 35% today and it's barely 11AM. Apr 20, 07:43
They used to be the only game in town, almost but now HBOMax, Disney+, HULU and others are taking subscriptions {nm} Apr 20, 07:56
It seems like it *may* have found its short term bottom this morning. {nm} Apr 20, 07:58
It's kind of ironic a lot of this is happening mere weeks after Netflix lost all the Marvel shows.... Apr 20, 08:04
Think it was either MASA Capital or Ent Strategy Guy who outlined ways you could tell Netflix was really in trouble 2 years ago ...... Apr 20, 08:20
Its a late reaction, they lost 1m+ subs in Jan in US & UK due to price increases, 700K in Rus in Feb Apr 20, 08:26
probably should start behaving more like a Hollywood studio than a Silicon Valley tech company {nm} Apr 20, 09:36
Yep. Looks like they are coming to that realization as well {nm} Apr 20, 10:17
FWIW, I spend more time on HBO Max than Netflix...not just for newer movies, but also for... Apr 20, 10:38