HomeInvestingEarningsNetflix (NFLX): Subscription Fatigue With Too Many Streaming Services
Netflix (NFLX): Subscription Fatigue With Too Many Streaming Services

“Stranger Things, Dahmer, and The Crown are engagement drivers for Netflix (NFLX) viewers. However, there haven’t been recent hits that would propel subscriber growth. The social media mentions of Netflix cancellations is up 118% year-over-year, while Netflix viewership and Netflix new subscriptions mentions are down for the same time period. This is a common trend in the streaming space as consumers have too many subscriptions. For example, Apple TV+ cancellations mentions are up 1.5K% year-over-year. Netflix (NFLX) could likely see a disappointing upcoming earnings report,” says LikeFolio’s Andy Swan. Tom White and Kevin Hincks weigh in on the new Netflix (NFLX) ad-supported tier.

Fast Market

18 Oct 2022

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