Five Things To Look For In Netflix’s Second-Quarter Report

www.oann.com | 7/16/2018 | Staff
j.moomin (Posted by) Level 3
NEW YORK (Reuters) – When Netflix Inc reports second-quarter earnings on Wednesday, a big question is how the streaming giant will handle a slew of new competitors barging in to its territory.

Investors should watch for how Netflix responds to competition, its subscriber count and forecast, and any comments about global pricing, its shrinking library of licensed programming and its original-content strategy.

Entry - Walt - Disney - Co - AT

Although the coming entry of Walt Disney Co , AT&T Inc and Apple Inc into the streaming wars could dampen Netflix’s U.S. growth, experts do not see this as a zero-sum game.

Subscribers are likely to choose multiple online video options instead of picking just one. The Disney+ streaming service is expected to share 80% of Netflix’s customers, said analysts at Raymond James and Associates.

Netflix - Piece - Bundle - Analysts

“Netflix forms the central piece of the digital bundle,” the analysts said.

Netflix’s wide range of content keeps the company safe from being replaced, said Cowen analyst John Blackledge, who called fears of new competitors “overdone.”

Share - Netflix - Growth - Markets - United

The larger share of Netflix’s growth is coming from markets outside the United States. The company forecasts that it added 5 million paid streaming customers from April through...
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