From January to March, Netflix has gained 4.95 million more subscribers to their streaming service which is less than they expected. This is a third less new members compared to one year ago and memberships outside of the US has dropped by 22%. Netflix says the lower membership is due to releasing popular tv shows later in the year but is still expected to add 8.15 million new subscribers in the first half of the year. Despite lower rates of new members, Netflix's net income rose from $28 million to $178 million and total revenue is $2.46 billion for the first quarter. To continue to make money, Netflix is investing in new shows and films to get more members.
Do you think Netflix should be worried about not gaining as many new members as they expected?
Do you think Netflix will replace cable tv?
Is Netflix going to be able to continue to grow in the future?
I don't think that netflix should be worried about getting new subscribers because they will get more subscribers when shows come in season. i don't think it will replace cable tv because netflix does not have all the recent shows, it always uploads the new shows late. I think that Netflix will be able to grow in the future.
ReplyDeletei think that netflix will take over cable. Most people have cable now a days but watch netflix instead.
ReplyDeleteI think that Netflix will eventually become more prominent than cable tv, but it won't replace it altogether. People will still like the suspense of waiting a week for their favorite tv show to air, while others will buy into the instant gratification of being able to binge watch tv series on Netflix. Netflix is making this rise with the growing popularity of "Netflix original" series and movies such as Orange is the New Black and 13 Reasons Why.
ReplyDeleteNetflix shouldn't be worried, many people will continue to use it because of it's streaming service where they can watch it on-demand. Netflix will eventually replace cable TV, since there are so many movies/shows, you can pause/stop, and you can watch anywhere at anytime. Unless a cheaper streaming company comes out, Netflix will continue to grow.
ReplyDeleteI dont think Netflix should be worried at all. There are many subscribers to this service and if they continue to release good shows like they have, they shouldn't expect a downfall in their progress.
ReplyDeleteI agree with Yuki and think that the concept of Netflix is just better than cable and it will slowly overtake cable
ReplyDeleteI also agree we live in a world where Netflix just seems easier. No commercials and no interruptions, one can consistently watch a show without interruptions. In looking at our lives we value simplicity when it comes to certain things. With Netflix one doesn't even have to have a TV to enjoy shows. I do believe Netflix will take over cable.
ReplyDeleteI think Netflix will overtime replace cable TV because it is more convenient and people are often drawn to that type of technology
ReplyDeleteI do not think that Netflix should be worried because they constantly have more subscribers. Once a new show comes out, Netflix will become very popular. I think that Netflix will continue to grow in the future.
ReplyDeleteI do not think that Netflix should be worried about not gaining as many new members as they expected. They are still gaining money and don't seem to be slowing down anytime soon. I don't think that Netflix will replace cable tv because cable tv is oftentimes live while Netflix shows are able to watch long after they are first released.
ReplyDeleteYes, Netflix will be able to grow in the future for the fact that it has produced many shows that have struck the world by storm. They will gain more members as they will create more shows that will urge people to view it.
ReplyDeleteI think it will be able to grow in the future. I know a lot of people that don't have cable anymore; they just pay for Netflix. Netflix has created a lot of popular shows and I am certain that it will stick around for a long time.
ReplyDeleteI think that Netflix will continue to grow in the future due to the popularity of it at the moment. Their constant additions of new shows and movies keeps it up to date and interesting. Many people are fans of Netflix and some solely use it as their source of television, so I think it will continue to prosper.
ReplyDeleteI think that they should not be worried about not gaining as many new members as they wish because they already had a high where many people joined and then they diminished. I think they will continue to grow gradually as long as they keep adding popular tv shows.
ReplyDeleteI think that Netflix should not be worried because they have already taken most people away from cable television. Netflix has a wider variety of shows and they should not worry about not gaining as many members.
ReplyDeleteI think the whole movement of "cable cutters" is very interesting, and in my experience, it is better and cheaper. This is working in netflix's favor because they provide quality shows that can easily replace cable tv. Seeing the direction in which tv is going, netflix will benefit from the movement.
ReplyDeleteI think that there is no reason for Netflix to worry so much because either way they are insanely popular they are at a spot where no matter what, they are in a stable and secure spot in their company and they do not need to worry about others
ReplyDeleteI think that Netflix would replace cable t.v because it seems more people would rather watch Netflix than cable. I definitely that Netflix will grow in the future because of how popular it is now
ReplyDeleteI think Netflix has the potential to replace cable, but there is also the possibility that other streaming services will try to rise and compete with it.
ReplyDeleteNetflix may replace cable, but not in the near future. I think it would take a while for Netflix to replace cable. I do not think Netflix has to worry about getting as much new members as they expected, because a lot of people still use it.
ReplyDeleteI believe as time goes by Netflix will continue growing and may eventually replace many forms of media, but i do not believe that it will ever the the sole provider as it has many pros and cons. I dont think they have anything to worry about
ReplyDeleteI don't think that Netflix should worry too much about not gaining as many new members as they expected. I think they should be fine with the amount they have so far and I think that new members will start appearing soon. I don't think that Netflix will replace cable TV because cable TV has more too offer than Netflix does. More channels, more movies, and more TV shows. I absolutely think that Netflix will be able to grow in the future and I still think its growing currently.
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ReplyDeleteI don't think Netflix should be worried because Netflix is a popular way for people an unlimited amount of shows and movies as I actually think that Netflix will keep growing with its members. With that said, I don't think Netflix will replace cable TV because Netflix doesn't have all the shows that the TV does. I think Netflix will continue to grow in the future.
ReplyDeleteNetflix shouldn't worry at all, there will always be new subscribers when the new seasons or shows come out. Netflix has sort of replaced cable but i don't think it will completely, even though many people don't watch cable no more. Netflix will rise with all the new shows and movies that stream on it.
ReplyDeleteI think that Netflix should be worried because there are other streaming services like Hulu that offer shows faster than Netflix and shows that Netflix does not have. Netflix will continue to grow because it is convenient, but I do not think that they will be able to take over cable TV especially with other similar services that are also continuing to grow as well.
ReplyDeleteI do not think Netflix should be worried, I think it is still very popular. I do not think it will replace table tv but I think it will countinue to grow.
ReplyDeleteI dont think Netflix should worry about losing more subscriptions as they already explained that the more popular TV series were coming out later on in the year.
ReplyDeleteNetflix will continue to grow in my opinion, but it might be hard for it to surpass cable TV.
ReplyDeleteI don't think that it will replace live TV, but I do think that with what they are doing right now by adding new shows and movies every month and taking off the old ones and the least watched shows, they will do just fine.
ReplyDeleteNo, I don't think Netflix should be worried., but I think streaming services has a potential to replace TV. Netflix might add a premium service for more money to get all new shows when they come out, which would give them the edge on TV.
ReplyDeleteNo, I don't at all think that Netflix should be worried. However, I think they should reprioritize there focuses if they want to keep all of their subscribers. I don't think that they will ever replace live tv because there are things such as sporting events and such that just can't be replaced. I think that Netflix can grow but they would have to do something drastic.
ReplyDeleteNetflix should not worry about not gaining as much viewers because they are still making so much. To some people it has replaced cable since it is cheaper a little. I think that it will grow more and more throughout the future.
ReplyDeleteNetflix is to great to worried about loosing viewers. If they really want more people to sign up then they should expand on their selection on movies/shows
ReplyDeleteI don't think Netflix should worry because Netflix is literally life. I don't think that it will replace tv cable because cable has so many networks. On netflix people have to wait a couple of months to watch the tv shows. I think Netflix will definitely grow in the future especially if they add better movies
ReplyDeleteRight now Netflix is a big hit and that they should not worry at all. These shows that only come up on netflix is just making people get netflix to watch them and the growth will increase very much
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