Netflix Kicks Off Media’s Q3 Earnings Season Under an Economic Cloud

  • 📰 Variety
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

New VIP+ Analysis: Media earnings are in focus as low expectations for the industry and a weakened economy threaten to stifle future growth.

landscape during the third quarter when Netflix kicks off earnings season for media and tech companies on Tuesday, Oct. 18 after market close.

On a broader market level, the S&P 500’s Q3 earnings year-over-year growth rate is estimated to be 2.4%,. If that comes to fruition, it would be the lowest earnings growth rate since Q3 2020 when the index contracted 5.7%. While subscriber growth rates aren’t quite the be-all-end-all as they were before, it is still one of the most important metrics to analyze the success of streaming platforms. In addition to subscriber growth, a clearer path to profitability will be top of mind for investors this earnings season, and any changes to previous timelines will be closely monitored.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

All they do is remake movies into racist ones under the guys of being woke. they have no original thoughts

maybe if they focused on good content rather than checking boxes.

That’s still subscriber growth. I don’t think it’s an issue until it becomes negative and stays negative.

Renew The Sandman and this will go up

netflix what now?

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines