Australia  

Trusted News Discovery Since 2008
One News Page
> >

Millions of US Subscribers May Drop Netflix Next Year

Video Credit: Wibbitz Studio - Duration: 01:10s - Published < > Embed
Millions of US Subscribers May Drop Netflix Next Year

Millions of US Subscribers May Drop Netflix Next Year

Millions of US Subscribers May Drop Netflix Next Year.

Wall Street brokerage Needham and Company says the streamer may lose up to four million users.

The firm explains that it will be due to the introduction of more competitors.

Four Wall Street firms in the past couple months have cut ratings for Netflix.

To better compete, analyst Laura Martin says Netflix needs to introduce a cheaper option for users.

Netflix’s premium price tier of $9 to $16 per month is unsustainable, Needham analyst Laura Martin, via Reuters.

Martin adds that the upcoming loss of popular content such as 'The Office' further hurts Netflix.

Netflix reported just over 60 million subscribers in America at the end of 2019's last quarter.

Content produced by the streamer has also landed dozens of nominations for the 2020 Golden Globes

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this


Recent related videos from verified sources

PewDiePie Announces Break From YouTube [Video]PewDiePie Announces Break From YouTube

PewDiePie Announces Break From YouTube. Felix Kjellberg, best known as PewDiePie online, recently announced he would be taking a break from YouTube in 2020. . In a video to his 102..

Credit: Wibbitz Top Stories     Duration: 01:05Published

Netflix could lose 4 million U.S. subscribers in 2020 -analyst [Video]Netflix could lose 4 million U.S. subscribers in 2020 -analyst

Shares of Netflix were downgraded by a Wall Street firm that predicted the streaming video leader could lose 4 million U.S. subscribers next year as competition heats up. Conway G. Gittens reports.

Credit: Rumble     Duration: 01:06Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.