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2.85937589355237E-05 -8.57812768067877E-05 -8.57812768067877E-05 0.00046703139594732 -0.000781562744238297 -0.00112468785146501 0.00020968756552739 0.000400312625097548
Stock impact report

Netflix ‘far outpacing' other streamers, analyst says after big earnings beat [BNN Bloomberg (Canada)]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: BNN Bloomberg
third-quarter earnings Thursday. “I think this is just another in a strong line of quarters for Netflix,” Jawad Hussain, media and entertainment director at S&P Global Ratings, told BNN Bloomberg in a Friday interview. “Ever since they put in place their paid sharing initiative a little over a year ago, you've seen phenomenal growth and a reacceleration of growth. In the past five quarters they've added almost 50 million subscribers, now up to almost 285 million… far outpacing the rest of the industry.” The company began cracking down on password sharing in the spring of 2023 in order to boost revenues and grow its subscriber base after estimating that some 100 million people worldwide were using other users' passwords to access Netflix's collection of movies and TV shows. Hussain said that while much of Netflix's recent success can be attributed to the company simply converting password-sharers into paying users, and that subscriber growth is likely to moderate in the coming Show less Read more
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