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The Streaming Wars Are Heating Up, and Netflix Is Ready to Take the Lead

 
  •  Shai.Gal
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    Shai.Gal  Shai.Gal
     
      
     
     
     

    Shai Gal is a highly experienced financial journalist with expertise in the tech industry and dividend growth stocks. He has a strong track record of producing insightful content that helps investors make informed decisions. Shai is skilled in conducting in-depth research and analysis to identify trends and opportunities in the market.

     
 
 
 

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Following the launch of the discounted ad-based service and the fact that Netflix blocked users from sharing accounts, the market expects a jump in revenues and profits in its reports for the next quarter

 

Meanwhile, TV series and movie production companies are dealing with the fall of cable and satellite services, with the number of subscribers to these services expected to drop below 50% for the first time in decades and the trend is only increasing. Recently, the CEO of Walt Disney, Bob Iger, said in an interview that the company's traditional television business, such as ABC, will probably not be part of Disney's core business. Become the favorite way for viewers to watch TV, with a wide variety of programs that, although with advertisements, are free.

 

Netflix is making many changes in its business, with the upcoming reports supposed to reflect the renewed business model of the company. More than a year ago, the former CEO of the company, Reid Hastings, announced that the company was considering adding a discounted service that could include advertisements. Since then, the company launched the service in question, at a monthly cost of $7, while strengthening the enforcement of account sharing and thus blocking users from sharing the their account with others.

 
 

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    Please note that the article should not be considered as investment advice or marketing, and it does not take into account the personal data and requirements of any individual. It is not a substitute for the reader's own judgment, and it should not be considered as advice or recommendation for buying or selling any securities or financial products.

     

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    Disclaimer: The Score performance whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. The Readiness Indicators, Sentiment Indicators and total score are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. Active trading is generally not appropriate for someone of limited resources, limited invesment or trading experience, or low-risk tolerance. Your capital may be at risk.

    Please note that no offer or solicitation to buy or sell securities, securities derivatives of future products of any kind, or any type of trading or invesment advise, recommendation or strategy, is made, given or endorsed by StocksRunner including any of their affiliates ("TS").

    This information is provided for illustrative purposes only. You should not rely on any advice and/or information contained in this website and before making any investment decision. we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.