Posted on 04/20/2021 10:52:23 PM PDT by Oshkalaboomboom
When COVID-19 was still new and the world was homebound, Netflix reaped the rewards. But the streamer’s new subscriber gains have leveled off mightily. MarketWatch reports that Netflix gained 3.98 million net new paid subscribers in the first quarter of 2021, down 8.5 million from the previous quarter, and well short of the 6 million new subscribers predicted by Netflix three months ago.
Netflix also forecasts it will add only 1 million subscribers in the current quarter. The dicey numbers sent Netflix shares down 11% in after-hours trading, to below $500.
“We believe paid membership growth slowed due to the big COVID-19 pull-forward in 2020 and a lighter content slate in the first half of this year, due to COVID-19 production delays,” Netflix wrote in a letter to its shareholders. “In the short-term, there is some uncertainty from COVID-19; in the long-term, the rise of streaming to replace linear TV around the world is the clear trend in entertainment.”
(Excerpt) Read more at decider.com ...
They now have a policy of putting queers on most of their shows...and they wonder why they’re turning off people.
Netflix is evil.
Many, one of the Academy Award nominees for Best Picture, is a Netflix movie. It wasn’t very good but neither were any of the others.
The movie is actually called Mank.
Face it. People are sick and tired of covid. You shut it out.
More and more cable networks are making deals with cable channels to “live stream” their newest shows directly over the Internet connections those same cable networks offer their customers.
Those offering are bypassing the need for a Netflix type subscription, for some of the newest cable channel shows. And, those offerings are less of a mixed bundle than the general cable offerings.
Two of those offerings are some of the Discovery channels and some Disney channels, with separate monthly subscriptions for each (in the Internet streaming mode). It begins to move the standard closer to what folks said they wanted - let me pick just the shows I want. The difference in how that standard is being built is that it is happening via the Internet streaming mode to the “smart” (Internet connected) TVs.
That mode was started first by the likes of Netflix and Hulu. But with Verizon, AT&T and Comcast all branching into and heavily investing in the application of Internet streaming services for “TV” shows, Netflix (a subscription service itself) could be the big loser.
Try Pluto TV. It is free and much to watch.
Youtube has many free shows to watch. Just click on subscribe and you can watch them on your tv if you have say a Roku box. I find myself watching my subscribed content far more then regular tv except the oldies tv shows : )
I capitalize both Black and White if that matters.
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