INTERNATIONAL - Netflix Inc gave a weak forecast on Tuesday that unnerved investors just as Walt Disney Co and others prepare to escalate Hollywood’s streaming video wars, although the company’s quarterly results beat Wall Street targets.Netflix predicted it would pick up 5 million new streaming subscribers from April through June. That was below the 5.48 million consensus of industry analysts surveyed by FactSet.
The just-ended first quarter included the debut of original dramas “Sex Education” and “Russian Doll,” and the company raised prices in the United States, Mexico and Brazil. The company said it signed up 1.74 million paid subscribers in the United States in the quarter, above the average analyst estimate of about 1.57 million, according to IBES data from Refinitiv.
Disney is viewed as one of Netflix’s strongest rivals thanks to a broad portfolio of franchises popular with children - from Mickey Mouse to Marvel and Star Wars - and a brand trusted by parents. Last week, Disney priced its service at $7 per month, just over half the $13 price for Netflix’s most U.S. popular plan. The Disney+ service will launch in November.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
SpaceX sends world's most powerful rocket on first commercial flight | IOL Business ReportThe most powerful operational rocket in the world, SpaceX’s Falcon Heavy, launched its first commercial mission on Thursday from Florida.
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »
Fitch warns SA over its high unemployment level | IOL Business ReportSouth Africa’s high level of unemployment would continue to weigh on private consumption and real gross domestic product growth in 2019. busrep The culprit is clear, but for ideological reasons they don't want to name it: high interest rates
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »
FNB’s Islamic trade offering ‘meets demand for Sharia-compliant finance’ | IOL Business ReportFNB said it had launched trade finance as part of its Islamic banking product suite, amid growing demand for Sharia-compliant import finance.
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »
Numsa serves Comair with notice to strike over wages ahead of Easter weekend | IOL Business ReportNUMSA said on Tuesday that it has served local airline, Comair, with 48-hour notice to strike.
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »
SARB felt heat after Gupta accounts closed | IOL Business ReportKganyago told global leaders at the Stavros Niarchos Foundation lecture that the attacks were for reasons other than price stability.
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »
LISTEN: SA consumer inflation edges up to 4.5% year-on-year in March | IOL Business ReportSouth Africa's consumer price inflation edged higher to 4.5 percent year-on-year in March.
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »
Huawei P30 Pro Awarded TIPA World Award for 2019 | IOL Business ReportTIPA General Assembly has recognized the HUAWEI P30 Pro as one of the Best Products of 2019, awarding the device the honor of “Best Photo Smartphone.”
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »
FSCA finds no evidence of insider trading worth R418m against Steinhoff | IOL Business ReportThe FSCA said that it had wrapped up a further three insider trading investigations into the Steinhoff International shares.
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »
FNB vindicated as court dismisses discrimination claims against black clients | IOL Business ReportFNB welcomed the judgment delivered by the Equality Court to dismiss the matter relating to allegations of racial discrimination on interest rates.
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »
President Ramaphosa appoints 8 new members to SABC board | IOL Business ReportPresident Cyril Ramaphosa has appointed eight new board members to fill the vacancies on the Board of the SABC with immediate effect. Keeping it black neh ramaphosa
مصدر: IOL - 🏆 46. / 51 اقرأ أكثر »