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.
Netflix is planning to raise the price of its ad-free service after the Hollywood actors' strike ends, likely starting with the United States and Canada, according to the Wall Street Journal.
Netflix is expanding its games streaming beta to the US, allowing users to play games streamed from the cloud on various devices, with plans to release games based on popular franchises like Squid Game and Grand Theft Auto.
Nvidia is raising prices for its cloud gaming service, GeForce Now, in Europe and Canada, but the prices for US users will remain the same.
Netflix is expanding its cloud gaming service to the U.S, allowing members to play games on smart TVs and TV-connected devices using their mobile phone as a controller. The company aims to make gaming a major part of its business and is offering free games tied to its popular shows with a Netflix subscription. However, critics question if gaming is a logical move for the streaming giant.
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 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.
Netflix raised prices for its premium and basic tiers, added 8.8 million new subscribers, and plans to shift audiences to an ad-tier as part of its quarterly financial results, while T-Mobile is speculated to be interested in buying Frontier Communications to boost its fiber and 5G coverage, T-Mobile's forced migration program for legacy phone plans has been delayed, AT&T gained 25,000 customers for its 5G home internet service, and Amazon's Project Kuiper could potentially pressure cable companies by introducing more competition in the broadband market.
