by Evelina Nedlund | Nov 14, 2019 | Netflix |
As Netflix nears market saturation in the U.S. and its soaring growth is hitting a wall, the streaming giant is now turning its focus to the international market. In the third-quarter earnings report released on Oct. 16, Netflix beat analysts’ estimates for earnings...
by Mallika Mitra | Nov 9, 2019 | Heard on the Street, Netflix |
Netflix owes big time – and it’s making the company’s business model unsustainable. The streaming giant announced last month it plans to raise $2 billion through junk bonds. It wasn’t the first time. The company has built its business on a pile of debt that is now...
by Mallika Mitra | Oct 20, 2019 | Companies, Disney, Earnings, Netflix
Netflix isn’t afraid of building up brands from scratch in its battle with Disney. The company, which has long relied on original content to snag subscribers, is anticipating streaming competition from legacy entertainment companies. Disney’s Disney+ is expected this...
by Evelina Nedlund | Oct 5, 2019 | Companies, Netflix, News
This year’s Emmy Awards may look like a success for Netflix, but the streaming giant has yet to win an Emmy for best series, despite burning more cash on original content than ever before. Netflix won 27 Emmys this year, second only to HBO. It may have picked up Emmy...
by Mallika Mitra | Oct 3, 2019 | Companies, Netflix
Netflix’s week just got a lot worse. As competition and lower-than-expected subscription numbers caught up to the company, a previously bullish analyst at Pivotal Research cut his price target from $515 to $350. Netflix closed at $254.59 on Tuesday, the lowest closing...
by Sarah Min | Nov 26, 2018 | Companies, Disney, Netflix, News
In the fast-approaching streaming wars, Disney has a branding problem. While its own streaming app, called Disney Plus, will corner the family market when it rolls out in late 2019, it won’t be competing against Netflix for eyeballs that search for edgier and more...
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