Netflix

[weijian]

These guys are leaving their competition behind. To be honest, I have been surprised by their execution level to leave their competitors behind, in this "winner takes most" market. On one part, it was their superior execution and rightful focus (we are not a streaming or film company. We are in the attention business and anything that competes your attention is our competitor), but could we also suspect that their traditional rivals had little chance considering their baggage and missteps?

Netflix beats Q3 earnings targets with five million new customers

Netflix has been trying to shift investor attention away from subscriber sign-ups to other metrics, including revenue growth and profit margins. The company said its operating margin hit 30 per cent in the quarter, compared with 22 per cent a year earlier.

Nearly two years into its advertising business, Netflix is working to increase revenue from ad-supported plans but has said it does not expect advertising to become a primary growth driver until 2026.

Part of the plan centres around live events including sports, a big draw for advertisers. In November, Netflix will stream a fight between YouTube star Jake Paul and Mike Tyson, followed by its first NFL games in December.

https://www.businesstimes.com.sg/compani...-customers