Netflix, Inc. Add to portfolio

ANN ARBOR, Mich.--(BUSINESS WIRE)--Video streaming expands its lead over subscription TV service in terms of customer satisfaction, rising 1.3% to a score of 76 on the American Customer Satisfaction Index’s (ACSI®) 100-point scale, according to the ACSI Telecommunications Report 2018-2019. “Traditional telecom providers have tried to step up their game, but they’re not providing original content the way video streaming is, and in part they suffer guilt by association—if customers aren’t satisfied overall with Comcast, they’re probably going to ding Comcast’s on-demand service too.”. Netflix gains 1% to secure first place at 79—and number one across all five telecom categories—after sharing the lead with Sony’s PlayStation Vue and Amazon Twitch last year. As its membership growth continues at a record pace, ACSI data show Netflix ranks at the top for original content among all streaming services. Sony’s PlayStation Vue is steady in second place at 78, followed by Microsoft Store at 77. Frontier Communications gains 2% but sits at the bottom of the industry at 55. As in the subscription TV industry, firms scoring lowest here are also some of the worst performers among the 400+ companies in the ACSI.

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A number of other hedge funds also recently made changes to their positions in NFLX. Oregon Public Employees Retirement Fund raised its position in Netflix by 17,848.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 23,931,481 shares of the Internet television network’s stock valued at $89,000 after acquiring an additional 23,798,143 shares in the last quarter. Norges Bank purchased a new stake in shares of Netflix in the fourth quarter valued at approximately $1,209,406,000. Buckingham Research cut their price objective on Netflix from $382.00 to $358.00 and set a “neutral” rating for the company in a research report on Wednesday, April 17th. During the same quarter in the previous year, the company posted $0.64 earnings per share. As a group, equities analysts predict that Netflix, Inc. will post 3.35 EPS for the current year. In other Netflix news, CEO Reed Hastings sold 52,458 shares of the business’s stock in a transaction on Wednesday, March 20th.

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Stephen Lovely, The Motley FoolMotley FoolMay 19, 2019, 6:13 PM GMT. When Netflix(NASDAQ: NFLX) debuted its digital service back in 2007, it invented subscription video-on-demand (SVOD) streaming as we know it. And as the only game in town, Netflix had a huge library of licensed content. But the company recognized early on that keeping licensing costs down was as important to turning a profit as growing subscribers was, and it developed its remarkable original content strategy. Netflix's original content helped keeps users engaged for hours without having to rely on as much (or as expensive) licensed content. It also prepared Netflix for this moment -- the time when content creators like Walt Disney(NYSE: DIS) and Comcast-owned NBC pull more and more of their titles from Netflix to use with their own streaming offerings. Netflix didn't debut its first original series until 2013, half a decade after rolling out its streaming platform (Netflix did have a hand in the series Lilyhammer, which debuted in 2012, but that show was only partially funded by Netflix). Since then, the company has cranked out tons of originals, some of it lousy, some of it loved by critics and audiences alike.

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It reached the bottom end of that range in the first quarter. In order to get to the top end of that range, Netflix will need to reach consumers that are still tied to the pay-TV ecosystem and legacy media while reducing the percentage of customers that cancel their subscriptions as other options become available. Bundling Netflix with cable, home internet, or wireless subscriptions may have resulted in 6.4 million additional Netflix subscribers over the last two years, according to analysts at Barclays. At that pace, it'll be a long time before Comcast or T-Mobile propels Netflix to 90 million U.S. subscribers. But there are reasons to think partnerships will start producing even better results for Netflix. Netflix's partnership with Comcast allows Comcast to sell Netflix as part of its cable packages. While Comcast's customer base is sizable, it represents just 25% of all pay-TV subscribers in the U.S. That leaves a lot of opportunities out there for Netflix to pursue.

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Netflix is launching its own take on Project Runway, and it's bringing inQueer Eye's Tan France to host.

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Most Netflix Viewers Won't Cancel for Disney+, Survey Finds. The company held an investor day last month to reveal details about its upcoming service, and a survey in the wake of the event seemed to spell trouble for Netflix(NASDAQ: NFLX). As many as 14.5% of the streaming giant's current U.S. subscriber base, or 8.7 million customers, said they were at least considering canceling their Netflix subscription in favor of Disney+, which could potentially cost Netflix more than $13 billion per year. Now that the initial excitement following the Disney+ announcement has died down, a new survey is casting doubt on the original findings, suggesting that Disney+ isn't as big a threat to Netflix as originally thought. Michael Olson, senior research analyst at Piper Jaffray, weighed in on the results, remarking, "We typically find that a larger percentage of subscribers say they will cancel certain services than the percentage that actually follow through on it, so the 7% figure is likely overstating the risk to the Netflix U.S. sub base."

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Netflix has demolished the cable business, the movie business, and the TV business, replacing all their business models with a simple monthly subscription. Source: Vivian D Nguyen via Flickr (Modified). But does that mean I’d put new money to work in Netflix today? At its May 13 opening price of $352 per share, Netflix sells for more than 9 times last year’s revenue, an eye-popping 123 times last year’s earnings, and let’s not talk about dividends because there may never be any. Global Dominance for NFLX. While Walt Disney (NYSE:DIS), AT&T (NYSE:T), Comcast (NASDAQ:CMCSA) and the rest of the Hollywood pack has been gearing up to challenge it in the U.S., Netflix has already spun its Web around the world, and its data around viewers’ hearts. Netflix is a product of the cloud revolution, which continues to consolidate whole industries into global entities. What it has most to fear are its cloud hosts, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and its YouTube service, Amazon.com (NASDAQ:AMZN) and its Amazon Prime service, Apple (NASDAQ:AAPL) its Apple TV.

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Netflix Looks to Educational Content for Competitive AdvantageStoryBots has been a content supplier for Netflix Netflix (NFLX) has bought StoryBots, a company that produces children’s content. StoryBots has been a content supplier for a few years.

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In a video posted to his Twitter account in 2015, then-prime minister Stephen Harper voices his opposition to a "Netflix tax" that would tax online video streaming services. That has, according to some estimates, resulted in hundreds of millions of dollars in lost revenue that would have gone into the Canadian economy over the years since Netflix first set up shop north of the border in 2010. It’s so ironic that we have to pay GST on all the services we receive, but the one that’s not collected is by a foreign service provider,” says David Sparrow, national president of the Alliance of Canadian Cinema, Television and Radio Artists (ACTRA). Netflix Canadian content co-productions have included the CBC’s Anne with an E and Northern Rescue, Travellers with Corus, and Degrassi: Next Class with DHX Media. However, the deal has been pilloried by critics who say Netflix would likely have spent that money in Canada anyway, with some detractors acting as if a naive Joly had given away the sacred cow of Canadian culture for a handful of magic beans.

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This is in stark contrast to broadcast or cable shows that make money from advertising and release viewership data to prove their worth. Over the past several earnings-report releases, Netflix has been doling out selective metrics about the popularity of some of its programs. Now Netflix has taken its biggest step yet, releasing its first ever Top 10 list of most-watched content, with a promise of weekly reports to follow. The company also provided Top 10 most-watched lists for films, series, documentaries, reality shows, and non-English-language shows in the U.K. Netflix also said it would begin releasing weekly lists to that audience beginning next week. In order to compile them, Netflix said: "We look at the most-watched individual season of a show, film or special (regardless of when it launched). 'Watched' means members finished at least 70% of one episode."

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