Netflix to reveal Top 10 most popular shows watched by United Kingdom viewers

Netflix to reveal Top 10 most popular shows watched by United Kingdom viewers

Netflix to reveal Top 10 most popular shows watched by United Kingdom viewers

The battle for connected TV entered a next phase within the past month as both Apple and Disney revealed rival services to Netflix.

Options traders expect Netflix shares to swing by about 7% in either direction in the session after its report, which is expected after the market closes on Tuesday. This was likely because the company provided a less-than-ideal outlook for its next quarter's performance.

Netflix's results come after it announced a $2 price increase to $13 a month for U.S. subscribers, its largest audience.

Netflix's revenue climbed 22% to $4.5 billion.

Netflix has upped its subscription cost, which will be reinvested in original content. Eric Haggstrom, forecasting analyst at eMarketer, believes this will "solidify its status as a "must have" for consumers" compared to competitors. Some of the titles that will eventually find their way to the streaming service, though not all within the first year, include: TV series following beloved characters from the MCU - Loki, The Falcon and the Winter Soldier, and WandaVision have all been confirmed thus far; the first live-action Star Wars series, The Mandalorian; a Rogue One prequel series starring Diego Luna and Alan Tudyk; Marvel Studios' first animated series, What If.? AT&T Inc's WarnerMedia and Comcast Corp plan to move into the streaming market.

According to market research company Nielsen Koreanclick, Netflix boasted about 2.4 million subscribers in Korea as of February, nearly five times the number for the same month previous year. Netflix now has 148.8 million subscribers globally, 60.2 million of whom are from the US.

Netflix said it is "excited to compete" with its new rivals, adding: "We don't anticipate that these new entrants will materially affect our growth".

While Netflix declines to gives country-by-country specifics, Western Europe and Latin America have supplied most of its recent growth. "We believe we'll all continue to grow as we each invest more in content and improve our service and as consumers continue to migrate away from linear viewing (similar to how USA cable networks collectively grew for years as viewing shifted from broadcast networks during the 1980s and 1990s)".

"We believe Netflix can not win" such a war because of Disney's cost advantage from owning a vast amount of content. The monthly payment for the basic plan is as low as 6,500 won ($5.70) when consumers limit the use of service to mobile devices.

Disney, which recently completed its acquisition of 21st Century Fox, also announced that the entire 660-episode-plus library of Fox's "The Simpsons" will be coming to Disney+ when it is launched. The aggressive spending has led to a tripling of the company's debt in two years, to US$10.36-billion in 2018, from US$3.36-billion in 2016.

Apple TV+ was unveiled at an event last month. The company is working on projects with some of the biggest names in Hollywood, including Oprah Winfrey, Reese Witherspoon and Steven Spielberg.

Noticias relacionadas

[an error occurred while processing the directive]