Main financial assets discussed: Netflix (NFLX), Paramount Global (PARA), Metro-Goldwyn-Mayer (MGM), Lions Gate Entertainment (LGF.A), Warner Bros. Discovery (WBD)
Top 3 key points:
1. Netflix has shown past interest in acquiring film assets from Paramount Global and the MGM library, indicating a potential strategy for the streamer.
2. The company's interest in Paramount suggests a desire to enter the theatrical-exhibition business and diversify its revenue streams.
3. Netflix could consider acquiring Lions Gate Entertainment after the spin-out of the Starz service, which would further enhance its position in the streaming wars.
Recommended actions: **Buy** Netflix on pullbacks, with a practical fair-value buy range between $360 and $405.
Main Topic: Disney is raising prices on its streaming services, including Disney+ and Hulu, in order to increase profitability.
Key Points:
1. Disney+ will increase its price to $13.99 per month for the commercial-free option, a 27% increase.
2. Hulu without ads will see a 20% price hike to $17.99 per month.
3. Disney believes its content library can compete with services like Netflix and Warner Bros. Discovery's Max, and is steering users towards its ad-supported services.
Amazon Prime Video will introduce ads and a higher-priced ad-free tier in 2024, following a slowdown in subscriber growth since the pandemic and following in the footsteps of streaming rivals Netflix and Walt Disney.
Netflix is reportedly considering raising its streaming plan prices in several markets globally, potentially starting with the U.S. and Canada, following the resolution of the SAG-AFTRA actors strike, joining other streaming services that have recently increased their prices.
Netflix reported a surge in third quarter subscriber numbers and announced price increases in the US, UK, and France, leading to a rise in its stock price; despite adding nearly 9 million new subscribers, the company was unable to boost average revenue per membership.
Netflix is raising prices for its Basic and Premium plans in the US, UK, and France, with ad-supported and Standard plans remaining unchanged, as the streaming giant continues to add subscribers and enhance its offerings.
Netflix has increased subscription prices for some of its streaming plans in the United States, Britain, and France, resulting in a surge in customer expectations and a 13% jump in its shares, with the company attributing the growth to crackdowns on password-sharing and new programming.
Netflix is raising prices for some of its subscription plans, confident in its ability to draw in new subscribers and relying on a mix of original hits and licensed content to keep audiences engaged.
Netflix is raising prices for some of its customers as it continues to see strong subscriber growth and attributes its success to its programming and crackdown on password sharing.
Netflix reported strong Q3 earnings, adding 9 million subscribers and increasing revenue, but also announced price hikes for some plans in the US, UK, and France to differentiate ad-free plans from entry-level ad supported plan.
Netflix is raising its prices in the United States, with the basic tier now costing $11.99 and the premium tier reaching $22.99, marking the first time a plan has gone above the $20 mark, while other major streaming services like Disney+, Hulu, Amazon Prime, Max, Apple TV+, Paramount+, and Peacock have also made changes to their pricing.
Netflix has raised the price of its streaming service and is no longer offering its cheapest plan in certain countries in order to push subscribers towards its cheaper, ad-supported plan that attracts more advertisers, allowing the company to make more money.
Summary: Netflix and Visa are both positioned to increase profits in the coming years, with Netflix's recent financial results showing room for continued growth and Visa benefiting from the worldwide shift towards digital payments and inflation.
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