With a subscriber miss, ballooning costs, rivals circling, and a dire need for more in-house hits, Netflix is looking like the entertainment giants it disrupted
With a subscriber miss, ballooning costs, competitors circling and an existential need to produce more in-house hits … Tweets: @johnfinnegan247 , @cinestate , @bakelwalden , @notcapnamerica , and @thrmattbelloni See also Mediagazer Tweets: John Finnegan / @johnfinnegan247 : “We don't make a lot of money when we do a deal at Netflix now,” gripes one producer with a show at the streamer. “They're not throwing around cash the way they used to.” Everyone wants the Netflix deal nowadays. Food for thought. https://www.hollywoodreporter.com/ ... @cinestate : BREAKFAST WITH CINESTATE: @THR on the growing competition forcing @Netflix to change their business model and how their refusal to play by Hollywood's rules “has been a source of external tension and envy.” What are your thoughts? https://www.hollywoodreporter.com/ ... Bakel Walden / @bakelwalden : The ‚Streaming Wars' intensify. And the new kids on the block face old challenges. Case in point: „Netflix Under Pressure: Can a Hollywood Disruptor Avoid Getting Disrupted?" https://www.hollywoodreporter.com/ ... via @thr #DigitalTransformation Chris Evans / @notcapnamerica : In July Netflix reported its 1st subscriber loss in the U.S. in eight years. Its high-flying stock came crashing down 15 %, erasing $24B in value in less than a week. https://www.hollywoodreporter.com/ ... Matthew Belloni / @thrmattbelloni : By this time next year, NETFLIX, which is already losing US subscribers, will have FOUR new and very well-funded competitors. A look at this moment of truth for the dominant streamer. https://www.hollywoodreporter.com/ ... See also Mediagazer