HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
I think Netflix is moving to a profit model; they'll cut expenses and raise prices, living off those who forget to unsubscribe {nm}
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
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
I think Netflix is moving to a profit model; they'll cut expenses and raise prices, living off those who forget to unsubscribe Apr 20, 13:24