Netflix shares decline after reporting disappointing subscriber growth
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Re: Netflix shares decline after reporting disappointing subscriber growth
#2Here in India, Netflix costs ₹500/mo. Amazon Prime costs ₹999 for the whole year. Both are much pricier compared to regular cable TV, which gives you hundreds of channels for a few hundred rupees per month. So there's a saturation point to at least some of their international expansion unless incomes start rising more broadly...
Also, anecdotally, I only have so much time for 'prestige' TV. They cover Delhi and Youtube in ads everytime they have something to announce--Altered Carbon, which I watched, but then they had Lost in Space, Wild Wild Country, and now a show set in Mumbai called "Sacred Games"--while it's great for subscribers to have a wealth of new material to watch all the time, there may be an inflection point beyond which producing/acquiring more content doesn't grow their audience...
Re: Netflix shares decline after reporting disappointing subscriber growth
#3[deleted]
Re: Netflix shares decline after reporting disappointing subscriber growth
#4chinese market should be considered :)
Re: Netflix shares decline after reporting disappointing subscriber growth
#5Shit, this is really going to hurt my portfolio. A lot of other tech stocks are down as well.
Re: Netflix shares decline after reporting disappointing subscriber growth
#6Here in India, Netflix costs ₹500/mo. Amazon Prime costs ₹999 for the whole year. Both are much pricier compared to regular cable TV, which gives you hundreds of channels for a few hundred rupees per month. So there's a saturation point to at least some of their international expansion unless incomes start rising more broadly... Also, anecdotally, I only have so much time for 'prestige' TV. They cover Delhi and Youtu…
Surprising how the ratio is so far reversed in India. Here in Canada (which is a similar market to the USA), Netflix is the cheapest option. Cable TV is several times more expensive for even a basic plan, and Amazon Prime costs about the same as Netflix (but includes the other Prime services).
Re: Netflix shares decline after reporting disappointing subscriber growth
#7Alternative headline:
"Netflix stock plunges to only +24% in 90 days"
Re: Netflix shares decline after reporting disappointing subscriber growth
#8Total anecdote:
Kinda sucks when shows leave Netflix and don't get replaced; half the appeal of Netflix is the ability to quickly switch between Futurama and Always Sunny, and more importantly to be able to watch those shows on a platform that doesn't completely suck (FX's app has got to be one of the worst apps I've ever used). When "Parts Unknown" was about to leave Netflix, I really questioned whether it was worth keeping my subscription. It feels like it's happening at an accelerated pace in the last couple of years.
The original content is good, and I realize that those shows leaving Netflix is probably more about Fox/CNN than it is about Netflix, but still makes me less interested in Netflix nonetheless.
Re: Netflix shares decline after reporting disappointing subscriber growth
#9Here in India, Netflix costs ₹500/mo. Amazon Prime costs ₹999 for the whole year. Both are much pricier compared to regular cable TV, which gives you hundreds of channels for a few hundred rupees per month. So there's a saturation point to at least some of their international expansion unless incomes start rising more broadly... Also, anecdotally, I only have so much time for 'prestige' TV. They cover Delhi and Youtu…
Pakistan here, its for 1k pkr/month here, and there aren't really that much programs in Hindi or Urdu so only people who speak good English (and have 1k/month to spare) can buy it. And there aren't any repercussions for torrenting and the internet generally sucks so..
Re: Netflix shares decline after reporting disappointing subscriber growth
#10Here in India, Netflix costs ₹500/mo. Amazon Prime costs ₹999 for the whole year. Both are much pricier compared to regular cable TV, which gives you hundreds of channels for a few hundred rupees per month. So there's a saturation point to at least some of their international expansion unless incomes start rising more broadly... Also, anecdotally, I only have so much time for 'prestige' TV. They cover Delhi and Youtu…
Surprising how the ratio is so far reversed in India. Here in Canada (which is a similar market to the USA), Netflix is the cheapest option. Cable TV is several times more expensive for even a basic plan, and Amazon Prime costs about the same as Netflix (but includes the other Prime services).
Netflix would be cheaper in India too but you have to take into account that not everyone can speak English there