Cable could lose over 39 million subscribers this year to streaming services

Needham and Co was the fourth Wall Street brokerage in two months to cut its rating for Netflix Inc on Tuesday, arguing competition from new streaming services could lead to the loss of 4 million premium U.S. subscribers next year......»»

Shares of Netflix were downgraded by a Wall Street firm that predicted the streaming video leader could lose 4 million U.S. subscribers next year as competition heats up. Conway G. Gittens reports......»»

Netflix Inc. historically has been averse to advertisements, but the changing competitive landscape in streaming likely warrants a change in strategy, according to an analyst......»»

Shares of Netflix were downgraded by a Wall Street firm that predicted the streaming video leader could lose 4 million U.S. subscribers next year as competition heats up......»»

Netflix reaped an estimated £940 million ($1.3 billion) from British subscribers in 2019 but the streaming giant paid just £3.2 million in U.K. corporation taxes that year......»»

The streaming giant exceeded its fourth quarter projections, reporting 8.5 million paid net additions for a full year record total of 37 million paid memberships, a 31% increase compared to 28 million paid net adds in 2019......»»

Netflix Inc. topped 200 million streaming subscribers for the first time at the end of 2020, as sign-ups surged despite higher prices in the U.S. and Canada......»»

Netflix Inc. topped 200 million streaming subscribers for the first time at the end of 2020, as sign-ups surged despite higher prices in the U.S. and Canada......»»

As Walt Disney Co.’s cable channels lost subscribers in recent years and the company pumped billions of dollars into new streaming services, theme parks were a steady source of profit......»»

As Walt Disney Co.’s cable channels lost subscribers in recent years and the company pumped billions of dollars into new streaming services, theme parks were a steady source of profit......»»

As Walt Disney Co.’s cable channels lost subscribers in recent years and the company pumped billions of dollars into new streaming services, theme parks were a steady source of profit......»»

Wall Street applauded late last year when Walt Disney Co. (NYSE: DIS) quickly signed up 10 million subscribers for its new Disney+ streaming service. Tuesday's encore presentation brought a standing ovation. Latest Ratings for DI.....»»

Disney+ reached 26.5 million paid subscribers by the end of last year, blowing past The Walt Disney Co.'s expectations for its branded direct-to-consumer streaming service. The studio unveiled the number Tuesday with its first-quarter earnings fo.....»»

Netflix Inc. defied Wall Street's expectations — and its own — on Tuesday, adding nearly 8.8 million paid global subscribers in the fourth quarter, up 20 percent from the same time frame a year ago. The streaming giant had forecast 7.6 million gl.....»»

Let’s face it, we all know someone who has cancelled their cable plan and opted for one or more streaming services like Netflix. That’s probably because there’s about 39.3 million cutting the cord in 2019 alone (Tech Jury). With more and more peo.....»»

The 71st Emmy Awards posted historic ratings lows on Sunday night as the awards show was dominated by premium cable network HBO and streaming services Netflix Inc. and Amazon.com Inc. The Fox (NASDAQ: FOXA, FOX) telecast drew 6.9 million total vie.....»»

The Walt Disney Co. saw its shares leap in intraday trading on Thursday after a bullish forecast from a Wall Street analyst about the media giant’s streaming services business. Disney (NYSE: DIS) will sign up more than 130 million subscribers globa.....»»

By the end of this year, the number of households using streaming services could surpass the number of households watching traditional pay TV. That's according to a new report by the Convergence Research Group, which predicts 4.56 million TV househol.....»»

ESPN+, Walt Disney Co's sports video streaming service, could attract between 8 million and 12 million paying subscribers by the end of the fiscal 2024 year, the company said on Thursday......»»

The media giant could see a significant revenue boost from its direct-to-consumer services......»»