Netflix Q1: revenue up 4% YoY to $8.16B, 1.8M paid net additions, vs. 2.06M est. and -0.2M in Q1 2022, and global streaming paid memberships up 5% YoY to 232.5M
Netflix Inc (NFLX.O) on Tuesday reported first-quarter revenue and earnings roughly in line with Wall Street expectations …
Reuters
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Discussion
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@eric_seufert
Eric Seufert
on x
Netflix $NFLX reveals that its ad-supported tier ($6.99/mo.) drives more ARPU than the Standard tier ($15.49/mo.) in the US, but US+Canada ARPU decreased sequentially from Q4, which likewise decreased sequentially from Q3 (ads introduced in Nov.) (1/X) https://twitter.com/...
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@richlightshed
@richlightshed
on x
If we are reading it correctly, @Netflix ARPU from its advertising tier subscribers is OVER $8.50/sub/month $NFLX (only launched in November with limited targeting) Release says total ARPU from ad tier subs (ads + $6.99 sub fee) is above standard ad-free plan ($15.49 in US) https…
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@tvgrimreaper
@tvgrimreaper
on x
Anyone who thought it could go much higher was in fantasyland. Getting more than half of US households to adopt 𝙖𝙣𝙮𝙩𝙝𝙞𝙣𝙜 is ridiculously hard. DVRs topped out at about 1/2 of US households! https://twitter.com/...
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@sherman4949
Alex Sherman
on x
Another flat-ish quarter for Netflix growth in the U.S. and Canada, adding just 100,000. Netflix subs in the region are just about what they were a year ago — 74.4 million compared to 74.6 million a year earlier.
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@discussingfilm
@discussingfilm
on x
Netflix co-CEO Ted Sarandos says there's no plans to send more Netflix films to theaters. “Driving folks to a theater is just not our business. Having big new desirable content drives value for our members and drives value for our business.” (Source: https://thr.cm/TFXizn7) https…
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@jaycodon
@jaycodon
on x
Netflix is making more money from its cheaper tier + ads than just subs. Maybe people will now realizing that charging people for content AND monetizing with ads at the same time is the best model. https://twitter.com/...
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@aquinas82nd
Patrick Crakes
on x
It's a mature business in the U.S. All of streaming probably is...That's the core problem for all media and media wanna be's...The narrative of endless growth was wrong...Welcome to your new lower margin-hard to scale-high priced-super competitive media distribution system... htt…
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@rihardjarc
Rihard Jarc
on x
Not that long ago $NFLX was an endless cash burning business today they reported $2.1B in FCF in Q1. With the crackdown on password sharing, ad tier maturing and AI helping reduce costs of content production the business might become a cash printer.
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About Netflix
Ted Sarandos
on x
Netflix DVD - The Final Season
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@dvdnetflix
@dvdnetflix
on x
On September 29th, 2023, we will send out the last red envelope. It has been a true pleasure and honor to deliver movie nights to our wonderful members for 25 years. Thank you for being part of this incredible journey, including this final season of red envelopes. https://twitter…
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@netflix
@netflix
on x
After an incredible 25 year run, we've decided to wind down https://dvd.com/ later this year. To everyone who ever added a DVD to their queue or waited by the mailbox for a red envelope to arrive: Thank you! https://about.netflix.com/... https://twitter.com/...
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@publicroad
Ruth Graham
on x
As a subscriber and very active user of this service I'm genuinely gutted by this news! https://www.nytimes.com/...
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@v21collective
@v21collective
on x
shout out to everyone who still has a dvd or two in a red envelope hanging around https://www.nytimes.com/...
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@lamw
William Lam
on x
wait, what!? Netflix still had their DVD service running this entire time!? 😳 https://www.nytimes.com/...
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@badtechno
@badtechno
on x
Garbage decision. I still get the DVDs. So much better than Netflix streaming selections. Stick with the superior service: @criterionchannl https://twitter.com/...
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@eringriffith
Erin Griffith
on x
incredibly aol dial-up has outlasted netflix dvds https://twitter.com/...
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@killercritics
@killercritics
on x
I cannot possibly express just how important this program was to me as a kid in helping me discover so many films that are still difficult to find today. Physical media is invaluable and it's awful to see it receive yet another blow https://twitter.com/...
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@mayascade
Maya Cade
on x
there are significantly less films available for streaming than were at video stores / on home video and because of licensing rights and algorithmic curatorial demands, there always will be. netflix dvd remains the only way you can see *many* films. this is a true loss. https://t…
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@levie
Aaron Levie
on x
The most important question: Does the last user have to return the DVDs? https://twitter.com/...
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@chrisfralic
Chris Fralic
on x
Netflix winding down DVD shipments this fall after 25 years! I remember they sent early customers a plastic DVD holder. And the time we pitched them to partner with Half / eBay. They didn't do that deal but we indirectly sold tens of millions of their used DVDs over the years. ht…
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@danawessel
Dana Wessel
on x
These cowards are winding things down while there is still a Blockbuster in Bend, Oregon slinging DVDs. You tell me who won. https://twitter.com/...
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@sonnybunch
Sonny Bunch
on x
They never got that Rashomon DVD back from me and they never will. https://twitter.com/...
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@gerrycanavan
Gerry Canavan
on x
Getting this in the mail and not being able to get the endorphin rush from sending it back is the most cursed thing that could happen to a person https://twitter.com/...
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@martinsfp
@martinsfp
on x
RIP Qwikster https://twitter.com/...
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@lmoses
Lucia Moses
on x
Hard to believe but once upon a time you had to decide Wednesday what movie you were going to watch on Friday, kids https://www.hollywoodreporter.com/ ...
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@rustybrick
Barry Schwartz
on x
End of an era https://twitter.com/...
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@crimson_mayhem_
@crimson_mayhem_
on x
Imagine someone out there with an insane idea to get all the DVDs from Netflix for preservation purposes https://twitter.com/...
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@notjessewalker
Jesse Walker
on x
Netflix is dropping the part of its business where it can just buy physical movies without negotiating for the IP rights. This will mean a severe reduction in its catalog. https://www.wsj.com/...
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@michaelavolio
Michael Avolio
on x
Awful news for movie lovers in the US. Netflix's mail service is shutting down in September. Their selection is broader than any streaming service. This is a huge blow to those of us who like a wide variety of films. Countless films will be harder to see. https://about.netflix.co…
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@jowens510
Jeremy C. Owens
on x
In 2013, Netflix made more than $900 million from renting DVDs by mail. Last year, it couldn't top $150 million. So $NFLX has announced “the last season” for the business that took down Blockbuster Video, with the final discs going out in Sept. https://www.marketwatch.com/ ... ht…
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@logandobson
Logan Dobson
on x
what if we just spun it off and named it Qwikster https://twitter.com/...
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@danprimack
Dan Primack
on x
Outlived by @loneblockbuster https://twitter.com/...
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@tvgrimreaper
@tvgrimreaper
on x
Interested to see if any real data on Netflix's “password sharing” program ever escapes into the public. https://twitter.com/...
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@raventbrunner
Raven Brunner
on x
I mean, what better time for Netflix to crackdown on password sharing than when their reputation is on a downward spiral? Back-to-back Beef and Love Is Blind controversies. They're just ripping off the bandaid at this point. https://variety.com/...