Hydra Movies Version History Filter by Architectural Style: Title Style Version Status Submitted Style: REST Version: N/A Status: Deactivated Submitted: 04. 25. 2018
But in-keeping with the fickle standards of Silicon Valley, where the next Facebook can quickly become another MySpace or Friends Reunited, Netflix is already in danger of being written off as another "has-been" in some quarters. Some 2. 2m new subscribers were notched up between July to the end of September, hardly a disaster on the face of it, but almost tiny compared to 16m and 10m in the first and second quarters respectively, and way below the 3. 4m analysts had predicted. When it comes to Netflix, Wall Street is fixated on this as a measure of success, hence the 6pc dive in its share price after the numbers were published. A warning that subscriber additions were "likely to be down" in the first half of next year, compared with 2020, won't have helped investors' nerves either. Yet, the previous two quarters were always going to be an aberration as people rushed to sign up during lockdown. Netflix has said repeatedly it was likely to be a one-off event. "Quarter-to-quarter fluctuations" are "not that meaningful in the context of the long run adoption of internet entertainment", it said.