Netflix Could Lose Four Million U.S. Subscribers in 2020
Share the post
Share this link via
Or copy link
New streaming services are putting a strain on Netflix that could cost the company four million U.S. subscribers in 2020. The streaming company was labeled “underperforming” from Wall Street analyst Laura Martin.
Martin predicts that Netflix will need to add a lower-priced tier in order to compete with Disney+ and AppleTV+.
The United States accounts for a third of Netflix’s global subscribers, with 60.62 million paid subscribers as of September 30th.
Martin believes advertising, higher subscription prices and the loss of favorite sitcoms, Friends and The Office, could decrease the value of the platform.
Who do you think has the best streaming platform?
See story here
-
Here’s Your Lineup for Stone Soul 2024: Tickets On Sale Now
-
Video Shows Virginia Lt. Gov. Winsome Earle-Sears Misgender Trans Senator As ‘Sir,’ Offers Non-Apology
-
The Chosen One: Ben Wallace Talks Going Undrafted to NBA Hall of Fame
-
Buy Black RVA
-
Community Conversations with Children's Hospital of Richmond at VCU
-
Newsletter Sign-Up
-
Nick Cannon Suggests His “Light-Skinned” Mother Influenced Dating Preferences
-
The Rickey Smiley Morning Show Live Broadcast: Men of Color Summit [PHOTOS]