New VIP+ Analysis: Investors were beginning to discount the mega-streamer’s growth potential, but the company is ready to prove them wrong.
to show off its upcoming content slate. Netflix is on full offensive mode, and its new strategic endeavors are giving fresh hope to investors.
Its comeback arrives as Disney+’s rapid rise loses some momentum. Disney CEO Bob Chapek warned of a slowdown in subscriber growth for Disney+ at the Goldman Sachs Communacopia Conference in late September.investors should expect global paid subscriber growth in the low single-digit millions for the quarter ending in September. The warning sent Disney shares plunging more than 4%.
Investors had been banking on Disney+ to provide much-needed support for the media giant during a time in which its core businesses were suffering through the ongoing pandemic. Disney+ growth had been extremely strong and looked like Netflix’s strongest competitor in the streaming wars. However, the expectations headed into Q3 earnings shifted dramatically over the past couple of weeks. After Netflix’s top position in the streaming wars was threatened following the company’s weaker-than-expected first half, the mature streaming company could surprise investors this time around.
Even so, Netflix still has a lot to prove when it reports its third-quarter financial results on Oct. 19. Beating its own guidance will be crucial to locking in investor confidence in the company again. And who knows? If all goes well, maybe it’ll finally join Disney in the exclusive $300 billion market cap club.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Many Jan. 6 rally organizers poised to comply with committee, top Trump aides expected to rebuffMany planners of the Jan. 6 pro-Trump rally are expected to comply with the committee probing the Capitol riot, but top Trump aides are expected to rebuff, sources say.
続きを読む »
The best way to win a Nobel is to get nominated by another laureateAfter 50 years, the Nobel Foundation lifts the veil of secrecy regarding nominations
続きを読む »
Book Club newsletter: Life after Mayberry and Opie-shamingRon and Clint Howard join book club readers Oct. 15 to discuss their Hollywood memoir, 'The Boys.'
続きを読む »
€1 homes go on sale in one of Italy's best-kept secretsThe beautiful but often overlooked Italian region of Abruzzo has finally joined the €1-house club with the launch of a new scheme in the picturesque town of Pratola Peligna.
続きを読む »
The Making Of New York’s $150 Million ‘Cannabis Campus’Ben Kovler’s Green Thumb Industries is expanding its $5.7 billion empire in the Empire State with a lavish new grow facility to compete in the booming marijuana market.
続きを読む »