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Stockreport

Ad-Supported Streaming Subscriptions Hit Record-High As 2024 Wraps [Yahoo! Finance]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
A record 43% of streaming subscriptions were ad-supported by the end of Q3, according to Antenna — marking the fifth straight quarter the sector has grown. And for comparison, only 28% of streaming subscriptions were ad-supported two years ago. Of course, a lot has happened in the AVOD space since then, like Netflix introducing its ad-supported streaming service in 2022. The company said in November it had 70 million global ad-supported accounts; overall, Netflix had 282.7 million global customers at the end of Q3. And the rise of ad-supported streaming seems to be top of mind for many executives. That includes Disney CEO Bob Iger, who had a hot-mic moment on the company's earnings call last month when he revealed around 60% of new streaming subscribers opted for its ad-supported plan. “I don't know if I was supposed to disclose those AVOD numbers,” Iger fessed on the call. But that admission does not seem to be too out-of-step with the rest of the industry. During the third [Read more]
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Stockreport

Ad-Supported Streaming Subscriptions Hit Record-High As 2024 Wraps [Yahoo! Finance]

Netflix, Inc.  (NFLX) 
More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
A record 43% of streaming subscriptions were ad-supported by the end of Q3, according to Antenna — marking the fifth straight quarter the sector has grown. And for comparison, only 28% of streaming subscriptions were ad-supported two years ago. Of course, a lot has happened in the AVOD space since then, like Netflix introducing its ad-supported streaming service in 2022. The company said in November it had 70 million global ad-supported accounts; overall, Netflix had 282.7 million global customers at the end of Q3. And the rise of ad-supported streaming seems to be top of mind for many executives. That includes Disney CEO Bob Iger, who had a hot-mic moment on the company's earnings call last month when he revealed around 60% of new streaming subscribers opted for its ad-supported plan. “I don't know if I was supposed to disclose those AVOD numbers,” Iger fessed on the call. But that admission does not seem to be too out-of-step with the rest of the industry. During the third [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS