Business Maverick: Netflix Stock Plunges as Customers Fall on Price Hike

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 84%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Business Maverick: Netflix Stock Plunges as Customers Fall on Price Hike By Tim Cohen tim_cohen

2.8 million subscribers internationally in the period, roughly half what the company predicted.“Netflix has a difficult road ahead, with looming competition and the removal of popular content,” said EMarketer Inc. analyst Eric Haggstrom. But a stronger lineup of new shows in the current quarter could help attract former subscribers, he said.

Netflix looks to add 7 million subscribers in the current quarter, thanks in part to the return of top shows “Stranger Things” and “Orange Is the New Black.” Netflix is introducing a cheaper, mobile-only package in India to attract customers in a big market with price-sensitive customers. Another challenge: Competitors are taking back rights to programs that have been popular on Netflix, including “Friends” and “The Office,” to use for their own services. That will force Netflix to rely even more on its original productions.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Business Maverick: Investors Gorge on African Bonds, But They’re Dodging Its StocksAfrican local bonds are on a tear as investors flock to riskier assets. But the continent’s stocks are missing out, despite being much cheaper than their emerging-market peers.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

Business Maverick: China Economy Slips to Record Low Growth Amid Stabilizing SignsChina’s economy slowed to the weakest pace since quarterly data began in 1992 amid the ongoing trade standoff with the U.S. But monthly indicators provided signs that a stabilization is emerging.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

Business Maverick: Sub-Zero Bonds Start to Appear in Emerging MarketsA sinkhole of negative-yielding debt in emerging markets has doubled in size over the past week. This time last year it was non-existent.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

Business Maverick: Tuesday, July 16: Five Things You Need to Know to Start Your DayDonald Trump weighs in on China GDP. Facebook won’t launch Libra until regulators are satisfied. And a former U.S. National Security Advisor spars with a Chinese diplomat on Twitter over race. Here are some of the things people in markets are talking about today.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

BUSINESS MAVERICK: Economic (in)flexibility: There’s just no fiscal spaceMost countries have one thing in common: Heavily indebted governments. So it would be unrealistic to expect fiscal policy to come to the rescue in the event of a global recession – unless they build up a buffer during the years ahead by engaging in fiscal consolidation.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

Business Maverick: Limited Liability of Big Tech Under the MicroscopeUS senators used a Congressional hearing on Tuesday to push the idea of overhauling a law that protects YouTube, Facebook and other internet services from being sued for the content users post.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »