Netflix's Bird Box Film Also Includes Real Disaster Footage

Netflix criticised for using real disaster footage in Bird Box

LIVE: Netflix reports its Q4 earnings now (NFLX)

Netflix's original series and films, including post-apocalyptic thriller Bird Box, helped draw nearly nine million new subscribers to the streaming service in the fourth quarter.

"Results won't push its stock higher from here, with most of the good news already priced in after a massive rally earlier this month", said Investing.com senior analyst Haris Anwar. Analysts had expected 7.5 million new subscribers while Netflix itself had forecast 7.6 million. It also added 8.8 million new subscribers, handily beating analysts' expectations.

The firm reported quarterly revenue of $4.2bn (£3.2bn), up 27% from the same period in 2017.

First quarter EPS and revenue miss could be attributed to the Street "mis-modeling" the recent price increase.

Netflix's shortfall in revenue expectations overshadowed its record number of subscribers as investors hoped for a bigger payoff having increased prices for U.S. customers by up to 18 per cent.

A Disney streaming service might grow to account for tens of millions of hours of United States television viewing over the course of several years, but that is out of a dizzying amount of total time spent watching, Hastings said during an earnings presentation.

Netflix expects earnings per share of 56 cents on revenue of $4.49 billion, compared with Wall Street consensus estimates of 82 cents and $4.61 billion.

Netflix's earnings report demonstrated the correlation between content spend and subscriber net adds remained stable with an R-square of 0.93 (i.e., as content spend increases so does net adds), Terry said in a note.

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Salah, who scored two of his Premier League goals during his spell at Chelsea added: 'It's nice to score 50 Premier League goals . In the same summer he sold four full-backs and got four full-backs. "He was one of the top players of his generation.

The basic Netflix subscription is increasing from $8 to $9, the standard plan is going from $11 to $13, and the premium plan will now be $16 instead of $14.

Netflix-original material now represents the "vast majority" of its most popular shows, executives said.

One of those analysts told Business Insider he would reconsider his rating and price target if Netflix were to aggressively reverse its cash burn.

Morin said she spoke with a Netflix representative today and asked the company to review its catalogue and remove the images.

Spending on original content up front sets the stage for Netflix to profit more from shows or films it owns as time goes on, executives reasoned.

Netflix's price hike raises an interesting question: at what price point will subscribers start leaving the service? A host of deep-pocketed competitors are expected to launch streaming services this year, including Apple, Disney and WarnerMedia, the parent company of CNN.

Netflix stock was down 1.9% to $346.56 in Friday's premarket session. Shortly before Christmas come out of the Film "Bird Box" with Sandra Bullock was considered to be in the first four weeks in more than 80 million households.

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