and the cancellation of live sports due to the coronavirus are "accelerating" the movement to cut cable, Ben Silverman, former NBC co-chairman, said Tuesday.
The coronavirus pandemic has forced major sports leagues, including the National Basketball Association and Major League Baseball, to suspend or cancel their seasons. At the same time, the number of newThe company announced after the bell on Tuesday that it had a net addition ofaround the world in the first quarter. Analysts were expecting roughly 8 million new subscribers, according to FactSet.
"It's going to be tricky, because on the other side you're also seeing the broadcasters are having giant ratings. They're doing as well as they've ever done, but they're so advertising-dependent ... but I worry most about cable and the cable channels," Silverman said, adding that major broadcast channels can be picked up using an antenna.
Netflix is not the only company that could see a boost in subscriber growth as customers look for entertainment options., which has the Disney+ streaming service, has not yet reported its quarterly earnings, and NBCUniversal and HBO are rolling out new streaming services this spring.
netflix has a major advantage when it comes to implementing multiple ending scenario movies. Having the digital platform in place already for further development to allow interaction from their viewers.
That was some boom 💥 - also known as “priced in” 🤣
$ROKU
TommyQuinlan_IV
Netflix needs to have music! Merge with pandoramusic and start some radio with SIRIUSXM.
Netflix will boom!
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