Note on Netflix Earning Date 01/22/2018:

Note on Netflix Earning Date 01/22/2018:

 

  1. Has 110.6 Million paid subscribers at the end of the fourth quarter
  2. Added 8.3 Million total in the fourth quarter of 2017 Estimating 6.3
  3. Added 6.4 Million foreign subscribers forecast 5.1 million
  4. Added 1.9 Million USA subscribers forecast 1.3 million
  5. Will spend $7.5 to $8 Billion in content in 2018
  6. Revenue Increase 33% to 3.29 Billion in the Fourth Quarter
  7. Has $17.7 Billion in Streaming content Obligations and increase from $14.5 Billion last year
  8. Profit of $185.5 Million or $0.41 cents a Share compared with $66.7 Million or $0.15 last year
  9. Analyst expected Earnings of $0.41 on $3.28 Billion in Revenue
  10. Stanger Things Released Oct 26, 2017
  11. Bright Starring Will Smith Released Dec 22 2017 11 Million views in first 3 days
  12. Expectations of 50 28M  6.3M Subscribers
  13. Netflix loses 7% of subscribers each year
  14. Many of the 200 streaming services lose 50% or more
  15. “Streaming services don’t generally release data on customer retention”
  16. HBO now, CBS All Access, Hulu, and Showtime, Amazon, Netflix, Starz
  17. All Access and Showtime is estimated to have 4 million subscribers at $6 a month
  18. “But according to research conducted”
  19. Average cord-cutter spends $15 a month on streaming services while the average cable sub is $92 according to research firm cg42

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