Alternative headline: "Netflix stock plunges to only +24% in 90 days"
Seriously, the stock plunged to where it was all of about 8 weeks ago.
Netflix shares decline after reporting disappointing subscriber growth
31–40 of 191 posts
Re: Netflix shares decline after reporting disappointing subscriber growth
#32Total 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…
Another anecdote: I’d have cancelled Netflix a while ago if my family wasn’t using it. Their UX has been on a steady decline for me: - Audio previews make it so I never want to browse for what to watch next. I hate having to fumble with my tv/home theatre remote because of this. - If you leave it hanging, the previews count towards a watch! Wow. God help you if you wanna make some popcorn. - Their sorts are always sh…
I'd add to this their removal of star ranking and that percentage system. It's so geared to what they want to promote vs what is good TV.
Re: Netflix shares decline after reporting disappointing subscriber growth
#33What's the lower bound for their share price before they have to change how they operate the business or suffer a penalty to net revenue? Or, if the stock market goes offline for 365 days, would any particular harm come to them at all?
I believe their net revenue was still +40%. I think a slowing in subscriber growth could prove to be temporary.
In general, they'd have to lose shareholder/board confidence in company direction, which won't happen anytime soon.
Re: Netflix shares decline after reporting disappointing subscriber growth
#34Total 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…
Another anecdote: I’d have cancelled Netflix a while ago if my family wasn’t using it. Their UX has been on a steady decline for me: - Audio previews make it so I never want to browse for what to watch next. I hate having to fumble with my tv/home theatre remote because of this. - If you leave it hanging, the previews count towards a watch! Wow. God help you if you wanna make some popcorn. - Their sorts are always sh…
I've shared a lot of your issues with Netflix as well, and I don't think it's nitpicky to want to watch Narcos without any subtitles. I feel like especially for that show where it really tried to capture the feeling of Colombia watching it and having to read half dialogue takes away from my enjoyment.
Re: Netflix shares decline after reporting disappointing subscriber growth
#35With Netflix, there doesn’t seem to be any amount of seeing something and not clicking on it that ever gets the system to stop showing it to me.
Every time I log in, there’s a big wall of 20 posters I’ve seen a thousand times and never clicked on once and have zero interest in.
And the whole user experience seems about finding my way around that wall.
I can find stuff I’m interested in, but the platform never surfaces it for me. I always have to dig.
I always use the feedback system, too.
Netflix always brags about paying mid-six in pure salary and hiring top of market. Their internal presentations on content discovery and demography are something people tell stories of like they glimpsed a magical relic or something.
As a user I honestly cannot fathom where all that money and research could possibly be going.
Maybe my account is broken or something.
Re: Netflix shares decline after reporting disappointing subscriber growth
#36When Disney will launch their streaming service in late 2019, Netflix will be in deep trouble. If Disney is allowed to aquire Fox, they will have such a massive (and exclusive) catalogue, that Netflix will simply be too expensive. Netflix Originals are not too bad but also not exceedingly good and I personally wouldn't pay 11€/mo for them.
I'm betting Disney messes it up. They will be too married to legacy revenue streams in DVD + Cable TV to really make their service worthwhile and eat into Netflix's market share with an incredible deal for consumers.
Re: Netflix shares decline after reporting disappointing subscriber growth
#37Earlier quoted context omitted.
Did you just buy it yesterday? It’s still way up for the last few months.
I actually bought it quite sometime ago, but that means I have a lot of shares, and the more shares you have the more small movements in price start to add up to real money. Right now I’m down several thousands of dollars on NFLX, which could have easily been a few international vacations. It’s not the first time or last time stuff like this happens, but everything was rallying so nicely the past few days it’s a sham…
Stocks are volatile. But if you're investing for the long term it doesn't matter.
Just stick your money in Vanguard index funds and forget about it apart from rebalancing once a year.
Re: Netflix shares decline after reporting disappointing subscriber growth
#38Alternative headline: "Netflix stock plunges to only +24% in 90 days"
Seriously, the more interesting news was the irrational exuberance leading up to today.
Re: Netflix shares decline after reporting disappointing subscriber growth
#39Earlier quoted context omitted.
Netflix would be cheaper in India too but you have to take into account that not everyone can speak English there
Not only does this statement not make any clear sense (why does English speaking #s affect price of the service?) but India has the second largest English speaking population in the world.
>but India has the second largest English speaking population in the world.
irrelevant when that equates to 10% of the population.
Re: Netflix shares decline after reporting disappointing subscriber growth
#40Total 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…
Another anecdote: I’d have cancelled Netflix a while ago if my family wasn’t using it. Their UX has been on a steady decline for me: - Audio previews make it so I never want to browse for what to watch next. I hate having to fumble with my tv/home theatre remote because of this. - If you leave it hanging, the previews count towards a watch! Wow. God help you if you wanna make some popcorn. - Their sorts are always sh…
You can always just give up on their UI. I've seen my friends open their phones to search for a show to watch instead of using the Netflix UI to find something. There are multiple sites with listings, which suggests this is a fairly common practice.