“Netflix's continued subscription price hikes might finally have reached the end of some customers' patience in the U.S."
“What’s making investors nervous is that there are signs of a slowdown in the second-quarter subscriber growth,” an analyst says.
The new streaming platform may face heavy competition from the likes of Netflix but should grow Apple's services business.
The need to decide what funding requests to prioritize and how much to invest puts finance chiefs squarely in the middle of digital transformation efforts.
The company's shares fell 3.8% on its earnings report but it is now "approaching 50% penetration of U.S. TV households."
Changes in executive pay, the departure of its CFO, and almost $30 billion of cash obligations may be warning signs for Netflix's valuation outlook.
Netflix, Public Storage, Red Robin Gourmet Burgers, CIRCOR, Lattice Semiconductor, Southcross Energy, Franklin Financial, Seagate, Southern Company Gas
Netflix appoints Spencer Neumann as its CFO just two days after Activision announced it had terminated him for cause.
The streaming giant's strong Q3 “serves as a comeback after it failed to meet its own performance predictions in Q2."
Lee Enterprises, Brookdale Senior Living, Alorica, Alliance Data Systems, Stifel Financial, Startek, Agilent Technologies, Ambarella, Stage Stores, Netflix
Wells headed finance for eight years, but intends his "next chapter to focus more on philanthropy."
The company suggests the lower-than-expected subscriber growth in Q2 was a temporary blip but analysts fear the quality of its programming has declined.
