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Netflix Adds 5.3 Million Subs In Q3, Beating Forecasts (variety.com)
Netflix shows no signs of slowing down. The company announced its third quarter results, adding more subscribers in both the U.S. and abroad than expected. Variety reports: The company gained 850,000 streaming subs in the U.S. and 4.45 million overseas in the period. Analysts had estimated Netflix to add 784,000 net subscribers in the U.S. and 3.62 million internationally for Q3. "We added a Q3-record 5.3 million memberships globally (up 49% year-over-year) as we continued to benefit from strong appetite for our original series and films, as well as the adoption of internet entertainment across the world," the company said in announcing the results, noting that it had under-forecast both U.S. and international subscriber growth. Netflix also indicated that its content spending may be even higher next year than previously projected. The company had said it was targeting programming expenditures of $7 billion in 2018; on Monday, Netflix said it will spend between $7 billion and $8 billion on content (on a profit-and-loss basis) next year. For 2017, original content will represent more than 25% of total programming spending, and that "will continue to grow," Netflix said.
With how Hulu has completely bludgeoned their UI on devices like the Roku, how many of these new subscribers are simply people leaving Hulu?
Like most hipsters and millenials, they claim to have âoedisruptedâ the normal state of affairs. But realistically speaking, theyâ(TM)ve changed one media dependency for another. I suggest they cord cut by, well, actually going outside and doing things.
no Hulu no more.
I seriously thought they had added 5.3 million subtitles.
Journalists making up abbreviations as they go along...
Add more content. There is over 100 years of movies and over 75 years of television they could add pretty cheaply.
There seems to be less content now than there was when I first subscribed.
How do you watch prime? Did you buy the remote thing? I think they have good series but I was disappointed in the streaming options.
lucm, indeed.
While # of "subs" and monthly cost continue to climb, actual content has deceased. In the 2 years 2014-2016, number of movies and TV shows decreased by 33% and 26% respectively.
http://time.com/4272360/the-nu...
Just this August, Disney has announced it's pulling it's entire library OFF Netflix in favor of its own streaming service.
What really torques me is that shows I should be able to see, I can't in the US due to greedy lawyers, but the shows are readily available to netflix in other countries (ie: Startrek Discovery)
enough to stream video? I worked for Best Buy in Tukwila, WA just south of Seattle for years, and not many of the homes I've been in had connections fast enough to stream. Most of the ones within the city limits of Seattle were still stuck on dial-up or ISDN. I know I had a negatively-biased view of Seattle since it was mostly the south of Seattle (the poor part) that bought from our store. I assume north of the ship canal is better. I live in the Beacon Hill neighborhood of Seattle and have ISDN at home since I'm between the government-granted monopoly areas that are granted to Wave on one side and Comcast on the other.
i smell a rat too.
Stats fudging at it's finest, I guess there will be a drop in 5.3 Million Subs in a month.
I heard here on Slashdot that they were doomed since they were removing content and raising prices! This is unpossible!
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
They're charging more money for shittier content. I can almost never get to stuff I've saved to my list before it expires from the service. Then they keep spending so much god damn money on these shitty netflix originals. You used to be able to count on like 80% of their originals being top tier (across all mediums and platforms) content. Now it's shitty comedy specials from nobodies you've heard of before, shitty adam sandler originals, shitty originals about brooding teenagers and the same brooding-dark-female-cop-format somehow repeated like 10 times in 10 different originals. Sprinkle in a few meh documentaries they fund and... like that's it. Sure, you get your Stranger Things - but then you get the other 90% which is shit -- and it's awfully hard to justify a subscription fee by only ten percent of your original content being of interest to any individual. 10% is hardly enough to keep paying for. That's like paying for HBO *just* for one show that you watch at any one time -- a fuckin' waste.
come on - subs? you can write 'subscriptions'. It's bad if I have to read the article to figure out what some dork thinks is common use of another word.
3 million new subs for Discovery!
It is a frustrating extra step, but you can usually cast it from your phone to whatever streaming box or stick you have on the TV.
There is currently a T-Mobile promotion that pays for Netflix for their members. I wonder how many of those 5 million are coming from that.
It is no wonder that Netflix is making large gains. The programming at Comcast has been so lousy for the last year that people are seeking better choices.
Given Netfilx's trend to add more garbage SJW/PC/Feminist content
Netflix has some content that pisses off liberals.
Trust me, I've heard all about how their teen-suicide show (can't recall the name) will lead to more suicides. Also the whining about how House of Cards features a power-hungry, corrupt Democrat as its lead character.
You end up with billions of breached accounts on Yahoo. Thank you Marissa Mayer.
The breach happened on her watch, but I seriously doubt the vulnerable infrastructure was designed or built during her tenure. A modern CEO/CIO/CSO can expect to inherit a security nightmare these days. Very few organizations put serious effort into IT security---although this is gradually improving, it is still not the norm.
You hear about rigging of Trending & Landing page of Youtube by its Brand & Diversity officer, Earnest Pettie.
Who cares? If you don't like the service, don't use the service.
If they're manually tweaking their recommendations, the suggestions could become better or worse. People will try to game any automated system (e.g., google bombing), so manual intervention and tweaking are always going to be necessary. Decide whether it's adequate, and leave if it isn't.
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According to the latest ruleset, this post should be modded as Vorpal Flamebait +5.
I use this once a month when they modify their content and add stuff to my watch list:
http://instantwatcher.com/sear...
More than that, when the movie ends you should be offered the chance to agree or disagree with the categorization and offer suggested changes.
95% of exit polls agree on a category? Auto-update the database. Easy-peasy.