This Netflix not in his best season. In the first few months of 2022 alone, the company saw its shares drop 44%, needed an internal campaign to control spending, and introduced a new subscription management – stagnant since the end of 2021 – and had to deal with the suspension of service in Russia.
Bad parts to impress This Tuesday, 19.
With quarterly revenue forecast of $7.9 billion – 10.3% increase over the previous year – Low subscription loss stands out as the most pressing issue on Netflix’s problem horizon for Wall Street.
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To give you an idea, 4.2 million users joined the service in the first quarter of 2021. In the current period, the expectation is that half of this will be recorded.
Another point of concern is the recent price increase in streaming subscriptions, which, in addition to making competitors more attractive to the consumer basket, has shown investors that the company will have to attack on other fronts. as currently on new mobile play store.
Analysts also point out that amid intense competition in the streaming space, increased spending on original content is starting to show the company’s bottom line.
In this scenario, it looks like Netflix needs to come up with new ideas to get out of the suspense scene and stay away from the drama.
Source: Exame
