Entertainment Gaming Netflix The Witcher 

Netflix’s Witcher Teaser Won’t Cure Your Game of Thrones Withdrawal

Netflix has unleashed the first teaser trailer for the high-profile The Witcher series at this year’s San Diego Comic-Con. For many, it completely misses the mark and doesn’t bode well for the series penciled in for release at the end of the year. On the surface, the teaser depicts another mid-budget fantasy series with the usual mix of political intrigue, magic, and a cast of broody characters. In the post-Game of Thrones landscape, this fresh take emerges as a welcome cure for those suffering from withdrawal, and there doesn’t appear…

Read More
Netflix Op-ed U.S. Market News 

Netflix Stock Implodes, Subscriber Exodus Ignites 12% Plunge

A confluence of negative factors slammed Netflix in the past quarter, resulting in subscriber numbers and other metrics exposing Netflix’s vulnerabilities – and leaving the streaming giant’s stock plunging in after-hours trading. Netflix stock plunged 12% in after-hours trading. | Source: Yahoo Finance Netflix Subscribers Wave Goodbye While earnings-per-share came in at $0.60, four cents above expectations, and revenue was only $10 million short of expectations at $4.92 billion, the subscriber numbers were of grave concern. Domestic paid subscribers actually fell by 126,000, while the expectation was for an increase…

Read More
Disney Netflix Op-ed U.S. Business News 

Netflix Stock Is a Sell Because Competition Will Send It to an Early Grave

As more players in the streaming content world enter the market, life is getting increasingly difficult for Netflix. Following its merger with AT&T, Warner Bros. will launch WarnerMedia’s streaming service called HBO Max next year. It will include the hit series “Friends,” which will be pulled from Netflix. This follows Netflix losing “The Office” back to NBCUniversal last month. The Netflix Ticking Time Bomb The bad news is piling up for Netflix because soon every studio will have its own streaming service. Eventually, in order to access both original and…

Read More
Netflix Op-ed The Office U.S. Business News 

Netflix Says to Binge-Watch The Office as NBC Takes Show Back

Netflix announced on Tuesday that NBC would not extend its licensing agreement for the hit comedy “The Office” beyond January 2021. NFLX stock shed about 3 percent on the day. Why is this move significant for Netflix? It all comes down to competition, and ultimately, the company’s economics. Licensing on Its Way Out When Netflix first appeared, it had virtually the entire streaming-delivery world to itself. Third-party studios licensed content to Netflix, they made money, and let the streaming content giant grow its subscription base. As the studios themselves developed…

Read More
Netflix Opinion Tesla U.S. Market News 

Tesla’s Stock Could Follow in Footsteps of a High-Flying Tech Play: Analyst

By CCN Markets: On CNBC, analyst Eddie Yoon of a think tank called “EddieWouldGrow” overlaid a chart of Netflix from 2011-13 onto Tesla’s chart since January. Will Tesla behave like Netflix? | Source: CNBC Gosh, those charts look so similar. Maybe Tesla’s stock will do the same thing as Netflix’s stock and make a huge comeback. Unfortunately, that’s not how it usually works. Cherry-Picking Chart Patterns There are tens of thousands of stock charts going back more than a century. It’s easy to cherry pick any given portion of any given…

Read More
Goldman Sachs Netflix U.S. Business News U.S. Market News 

5 Reasons Netflix Stock Will Nearly Double This Year: Goldman Sachs

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Netflix stock will almost double this year, according to a note issued by analysts at Goldman Sachs. Goldman believes Netflix has 79 percent upside over the next twelve months, giving…

Read More
apple Headlines Netflix tim cook 

Apple is Shunning Hardware to Stealthily Turn into a Software Company

Companies have always needed to adapt to changes in their industries to maintain- or increase- profitability. Hundreds of case studies have shown this to be a recipe for success. Now, it seems that Apple is looking to make slight alterations to its operation in a bid to keep up with challenging times. Data published by Thinknum, a research firm that monitors company changes based on their websites, revealed that for a few months now, the tech giant has been actively recruiting more software specialists than hardware professionals. The research company discovered…

Read More
Netflix Op-ed Streaming services united kingdom 

British Broadcasters Battle Netflix for the Future of Television

The world is enamored with Netflix and this hasn’t gone unnoticed in the U.K. where the two leading TV companies have come together to create a competitor for the American powerhouse. While this might appear a strange partnership at first glance, it actually makes a lot of sense when looked at from the point of view of the two British broadcasters Fighting Back Against Netflix Dominance The motivation for the creation of Britbox is many-fold, but one key driver must have been the BBC’s and ITV’s knowledge that some of…

Read More