Netflix and analysts had anticipated a large jump in consumers toward the end of 2021 when the company released new TV shows and movies that had been pushed to the back half of the year.
Bright spots in the quarter could come from strong releases such as the celebrity-filled"Don't Look Up" and"Emily in Paris." The company had said it would spend $17 billion on content in 2021. It hasn't released figures yet for 2022 spending.in the U.S. and Canada last week. In the States, the monthly cost for the basic plan rose $1 to $9.99. The standard plan jumped from $13.99 to $15.49 and the premium plan rose from $17.99 to $19.99.
Netflix's strategy is to increase prices as customers become even more entrenched in the company's exclusive content. Price increases can help offset waning customer growth."With 4Q21 widely billed as Netflix's biggest content quarter ever, we would expect investors to recalibrate their long-term outlook based on whether or not this large content slate drove strong growth," Credit Suisse's Douglas Mitchelson said in a note last week.
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Activision's Kotick set to get $400 million from Microsoft acquisitionActivision Blizzard CEO Bobby Kotick set to receive almost $400 million windfall payout from Microsoft sale after taking a massive pay cut last year amid company scandal 动视暴雪首席执行官博比·科蒂克(Bobby Kotick)去年因公司丑闻大幅减薪后,将从微软的出售中获得近4亿美元的意外收入 This is very misleading. He would have received 250-300 million anyways based on previous stock prices
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