![]() NBCUniversal's Peacock, by contrast, is set to lose $2.5 billion this year. Most analysts are predicting net income of nearly $5 billion this year. Primarily, it makes money, and all signs suggest that won't change anytime soon. Netflix also has a lot going for it that other streamers don't. It will need to "overdeliver" in international regions - Latin America, Asia Pacific and its Europe-Middle East-Africa unit - to account for mounting headwinds in the U.S. Netflix is counting on a stronger slate of content, including a new season of "The Crown" and the nearly $200 million budgeted action movie "The Gray Man," starring Ryan Gosling and Chris Evans, to accelerate growth. Already, Netflix's market valuation has gone from $300 billion to under $90 billion in less than a year. The big question for how Netflix shares perform after the results are announced will be how much of the bad news has already been baked in to the stock price. After last quarter's bombshell, he lowered his full-year prediction to about 4 million. As recently as April, JP Morgan analyst Doug Anmuth estimated the company would add 17.95 million in 2022. "I don't know if will be bad, but it won't be a good story," said Andrew Rosen, a former Viacom digital media executive and founder of streaming newsletter PARQOR.Īt the start of 2022, many analysts were predicting Netflix would add more than 20 million new subscribers this year. ![]() That may lead to more customers for the Disney bundle, another potential alternative to Netflix. ![]() Disney last week increased the price on ESPN+ by $3 a month to $9.99, but kept its bundled offering of Disney+, Hulu and ESPN+ the same at $13.99 a month. By the end of the year, HBO Max will likely add Discovery+'s entire slate of content to its service, which costs $14.99 a month or $9.99 with ads. That could make it the first option people cancel when they look to save money.Ĭompetition also continues to ramp up. plan is $15.49 a month, making it pricier than all other major streaming services. Concerns of a possible recession and rampant inflation may already be slowing down spending in the U.S. It's possible the losses will be even worse than projected. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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