Netflix is the dominant streaming service. So why is it changing its model?
by CNN
CNN— Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling. But much of the company’s past growth and success, analysts say, has come from its old, well-established business model. In recent months, Netflix has made moves to expand and even radically reinvent that business. While streaming competitors like Disney+, Hulu, Max (owned by CNN’s parent company Warner Bros. Discovery) and Peacock work to draw...
Entrepreneur—Netflix's financial report highlights the success of the streaming service. Netflix's financial report highlights that 9.33 million subscribers have joined the streaming service. Today, Netflix reported its first-quarter earnings report, and there is a lot for the content giant to
Neowin—Netflix added over 9 million more subscribers to its streaming service in Q1 2024. Netflix announced it had added 9.33 million subscribers to its streaming service worldwide in the first quarter of 2024, as it brought in $9.37 billion in revenue for that time period.
The Motley Fool—Netflix Stock is Up 35% Year to Date. Can the Streaming Service Keep Going?. It's a big week for Netflix, with first quarter earnings due. Continued paid membership growth should have a big effect on the stock performance.