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To: Glenn Petersen who wrote (1566)7/15/2017 8:01:18 PM
From: Sr K
1 Recommendation   of 1600
 
Reed Hastings said in answering a question in a recent quarterly Interview that to assess the opportunity, it's not what they are doing, it's what others quicker to International have reached, so he compares what Google YouTube and Facebook have reached (900 million MAU to a billion, and growing). He thinks the opportunity for Netflix is the same, to 80% International (and 20% U.S).

Simple math on the expected growth in Q2 in that 7/14 Barron's article, U.S.: International rounds to 20:80.


631,000 19.53%
2,600,000 80.47%

=3,231,000

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To: Glenn Petersen who wrote (1566)7/15/2017 8:12:12 PM
From: Sr K
   of 1600
 
Amazon is getting a percentage of Netflix revenue, possibly as high as Apple gets (30%). They've blended the references to Netflix on the Amazon Fire TV Stick, and Netflix allows its App on the Fire Phone, just as HBO and Showtime and CBS and others have.

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To: Sr K who wrote (1568)7/16/2017 12:48:26 AM
From: d[-_-]b
   of 1600
 
Amazon is getting a percentage of Netflix revenue

Not to mention the fact Netflix runs entirely on Amazon AWS hosted servers.

Always wondered why they try to compete against their biggest customer.

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From: Glenn Petersen7/17/2017 4:23:26 PM
3 Recommendations   of 1600
 
Netflix adds 5.2 million users, crushing estimates — stock soars nearly 9%

  • Analysts polled by Thomson Reuters expect Netflix to post 16 cents a share in adjusted earnings and $2.76 billion in revenue.
  • The company expected streaming net additions of 3.2 million.
  • There is mounting competition in the digital streaming space, as Amazon ramps up content spending, and Apple dips its toe into original content.

Anita Balakrishnan | @MsABalakrishnan
4 Mins AgoCNBC.com

Netflix reported second-quarter earnings on Monday that fell just shy of analyst estimates, and revenue that exceeded expectations as user growth exploded.

The entertainment technology company added 5.2 million, blowing away Wall Street's estimates of 3.23 million during a historically weak quarter amid the return of marquee content like "Orange is the New Black."



Mark Neuling | CNBC
Reed Hastings, CEO of Netflix.
____________________________

Results vs. expectations
  • EPS: 15 cents per share vs. 16 cents per share, adjusted, expected by a Thomson Reuters consensus estimate
  • Revenue: $2.79 billion vs. $2.76 billion expected by a Thomson Reuters consensus estimate
  • User growth (net adds): 5.2 million (1.07 million domestic, 4.14 million international) vs. 3.23 million total streaming (631,000 domestic, 2.59 million international) expected by a FactSet estimate.
That's compared to earnings of 9 cents per share on revenue of $2.11 billion in the year-ago period.\
  • Q3 guidance, EPS: 32 cents vs. 23 cents per share expected by a Thomson Reuters consensus estimate
  • Q3 guidance, revenue: $2.97 billion vs. $2.87 billion expected by a Thomson Reuters consensus estimate
  • Q3 guidance, net adds: 4.4 million vs. 3.925 million total streaming expected by Street Account
User growth key amid mounting competition

Since Netflix's last earnings report, new seasons of popular series "House of Cards" and "Orange is the New Black" hit the small screen. "13 Reasons Why" also garnered buzz after it was unveiled on the last day of the first quarter.

Netflix's financial report comes on the heels of the 2017 Emmy nominations, which recognized Netflix series such as "Master of None," "Unbreakable Kimmy Schmidt" and "Stranger Things" in the company's 91 nominations.

But the nominations also highlighted the mounting competition in the digital streaming space, as Amazon ramps up content spending, and Apple dips its toe into original content with shows like "Planet of the Apps." CEO Reed Hastings has told CNBC that Amazon is an " awfully scary" foe.

Last quarter, Netflix said it would spend over $1 billion in 2017 on marketing costs alone, projecting that the company would have negative free cash flow for "many years" as it invests in original content, including an estimated $2 billion in negative free cash flow this year.

Netflix has shuffled some top executives in recent months, adding chief product officer Greg Peters and feature film boss Scott Stuber. The entertainment technology company also continued its international expansion, where it gets the bulk of its user growth, by adding support for more languages.

cnbc.com

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From: JakeStraw7/18/2017 9:18:14 AM
   of 1600
 
Here's how Netflix can rally another 70% to $300, according to Bank of America
cnbc.com

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From: Sr K7/21/2017 2:29:05 PM
   of 1600
 
ATH about an hour ago

187.63
now 187.41

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From: JakeStraw7/26/2017 12:13:11 PM
1 Recommendation   of 1600
 
Netflix, Inc. had its price target raised by analysts at BTIG Research from $170.00 to $225.00.

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From: Glenn Petersen8/6/2017 9:07:52 AM
1 Recommendation   of 1600
 
U.S. cable firms embrace former foe Netflix as TV viewing shifts

By Lisa Richwine and Anjali Athavaley
Reuters
August 6, 2017



FILE PHOTO: The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas California
__________________________

(Reuters) - A growing number of U.S. cable operators are forming alliances with Netflix Inc NFLX.O, a shift that is helping the streaming pioneer add customers as its largest single market matures.

No. 3 distributor Charter Communications Inc CHTR.O is expected to make Netflix available through its set-top boxes, joining more than a dozen top U.S. pay television operators adopting a model first rolled out in Europe. Some U.S. providers could start selling the streaming service as part of their Internet and video packages.

Altice NV ATCA.AS is trying that approach in France, and the company aims to extend the deal to the United States, two sources with knowledge of the matter said during the past three weeks. They requested anonymity because the discussions are private.

"Our whole model is about cooperation with many of the (streaming) providers," Altice USA ATUS.N Chief Executive Dexter Goei told reporters in May.

Netflix also indicated it wants to take the arrangement elsewhere, though the timing of any new deals is uncertain.

"We're now looking at proposals for including Netflix in some services and beginning to learn the bundling part of the business," Netflix CEO Reed Hastings said during a post-earnings webcast in July. "We're interested in expanding that."

Additional tie-ups could help Netflix hook new users in the United States, a market analysts have said is nearing saturation while growth in foreign markets is booming. The number of subscribers is the key metric for Netflix investors, and the breakneck growth has made the company a Wall Street darling.

Netflix reported 51.92 million U.S. streaming customers as of June 30, and 52.03 million in international territories, handily beating analysts' forecasts.

The addition of Netflix to set-top boxes helped the company top expectations for the U.S. market, Cowen & Co analyst John Blackledge said.

The closer ties with pay TV providers represent an about-face from the early days of Netflix streaming, which started in 2007. Many in the pay TV industry viewed the digital upstart as a challenge to their longtime business of selling bundles of channels delivered via cable wires or satellites.

But as Netflix soared in popularity, distributors began concluding it was more beneficial to welcome Netflix because their customers were using the service anyway.

Cable executives see the partnerships as a way to help fight cord cutting, the dropping of pay TV service, and to promote higher-speed Internet service. In some cases, distributors receive a cut of subscription revenue when they sign up new Netflix users.

The set-top integrations began in 2013 with Virgin Media in Britain. U.S. partnerships started in 2014 with a few smaller distributors including RCN Telecom Services.

For RCN customers with TiVo TIVO.O boxes, Netflix is listed as a channel in the on-screen lineup, requiring just a press of a button to switch from a cable network.

RCN viewers who have not subscribed to Netflix can do so on the spot, starting with a one-month free trial. More than 80 percent become paying Netflix customers, RCN Chief Operating Officer Chris Fenger said in an interview. "There is a very high conversion rate."

By the end of 2016, 13 of the top 25 U.S. pay TV distributors had similar arrangements with Netflix, according to Blackledge.

U.S. market leader Comcast Corp CMCSA.O in November embedded Netflix into its Xfinity X1 set-top box, which is used by 55 percent of its 21.5 million residential video customers. Thirty percent of X1 users have logged into Netflix, either with an existing account or by signing up for a new one, the company said in May.

Charter also plans to integrate Netflix, CEO Tom Rutledge has said. A launch date has not been set.

(Reporting by Lisa Richwine in Los Angeles, Anjali Athavaley in New York and Gwenaelle Barzic in Paris; Editing by Anna Driver and Richard Chang)

ca.news.yahoo.com

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To: Glenn Petersen who wrote (1574)8/7/2017 12:38:53 PM
From: Sdgla
   of 1600
 
Netflix Buys Comics Publisher Behind Kingsman, Kick-Ass

Todd SpanglerNY Digital Editor @xpangler

7, 2017 | 06:53AM PT
Netflix — in the first company acquisition in its history — has bought Millarworld, the comic-book publishing firm founded by Mark Millar, creator of characters and stories including Kick-Ass, Kingsman, and Old Man Logan.

Terms of the transaction weren’t disclosed. Netflix said it will develop films, TV shows and kids’ series based on Millarworld’s portfolio of character franchises to life through films, series and kids’ shows. Millarworld will also continue to create and publish new stories and character franchises under the Netflix label.

For Netflix, the move reflects its desire to own and develop intellectual property, rather than simply license it. Netflix chief content officer Ted Sarandos, in announcing the deal, said: “As creator and re-inventor of some of the most memorable stories and characters in recent history, ranging from Marvel’s The Avengers to Millarworld’s Kick-Ass, Kingsman, Wanted and Reborn franchises, Mark is as close as you can get to a modern-day Stan Lee.”

Added Millar: “This is only the third time in history a major comic book company has been purchased at this level,” after Warner Bros. bought DC Comics in 1968 and Disney bought Marvel in 2009.

“I’m so in love with what Netflix is doing and excited by their plans,” Millar said. “Netflix is the future, and Millarworld couldn’t have a better home.”

Scotland-native Millar runs Millarworld with his wife, Lucy Millar. Previously he spent eight years at Marvel, where he developed the comic books and story arcs that inspired the first Avengers movie, “Captain America: Civil War,” and “Logan,” which collectively grossed over $3 billion in worldwide box office. His 2002 comic book “The Ultimates” was named best comic book of the decade by Time’s Techland.com and was described by “Avengers” screenwriter Zak Penn as the blueprint for the Marvel cinematic universe. Millar also worked at DC Comics, where he created the graphic novel “Superman: Red Son.”

Since Millarworld was started in 2004, the company and its co-creators have produced 18 character worlds. Three of those — Wanted, Kick-Ass and Kingsman — have been adapted as theatrical films that together have grossed nearly $1 billion at the global box office. Other members of the Millarworld universe include Jupiter’s Legacy, MPH, Chrononauts, Reborn, Huck, Starlight, Superior, Nemesis, War Heroes, Supercrooks and American Jesus.

In a blog post on his company’s website, Mark Millar said he will be flying to Los Angeles to “strategise the next steps” with Netflix — while he takes a hiatus from producing new comics. “‘Jupiter’s Legacy’ and ‘Reborn’ both concluded in the last few weeks and I’m going undercover between now and spring as I stockpile all the new projects we’re putting together, but you’ll hear about them very soon,” he wrote.

New York City-based Hughes Hubbard & Reed advised Millarworld in the transaction.

variety.com

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From: Mark Benson8/9/2017 7:54:45 AM
   of 1600
 
DIS Walt Disney to end agreement with Netflix for subscription streaming of new releases as Disney is planning to launch its ESPN-branded multi-sport video streaming service in early 2018. alphastreet.com/bite/3c4c4f5

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