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22-07-2014, 10:23 AM,
Post: #1
I started a new thread for this company.

Netflix profit doubles on U.S., foreign subscriber growth

LOS ANGELES - Netflix Inc said on Monday its quarterly profit more than doubled, boosted by strong growth in U.S. and international subscribers as a price increase for its most popular U.S. video streaming plan did not deter new users.

Netflix added 570,000 U.S. customers in the second fiscal quarter ended June 30, passing 50 million worldwide subscribers for the first time. It added 1.12 million customers in international markets.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡

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09-08-2017, 04:29 PM, (This post was last modified: 09-08-2017, 04:29 PM by weijian.)
Post: #2
RE: Netflix
It has been a while now, since the lines between content and streaming service providers have been blurred. It seems like a case of "if you get into my turf, i will have to respond and get into yours, lest the risk of losing future bargaining power is too huge".

Feels like all part of the "business cycle" to be honest - When things are good, one thinks of expanding horizontally across their competitive advantages. When times are bad, it is time to sell all "unperforming non core businesses" to competitors and cut costs.

Disney will pull its movies from Netflix and start its own streaming services

Disney announced during its latest earnings report it intends to pull all its movies from Netflix
It also will launch an ESPN video streaming service in early 2018, including MLB, NHL and MLS content.
There's also plans to launch a branded Disney direct to consumer streaming service in 2019

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