So Netflix has there ih last quarter of 2019 again 8.8 million subscribers with..
What I love about this world dominance is that I suddenly watch Japanese, Spanish, Israeli and Swedish series and learn a lot about these cultures. The NLse Ares is still a real flop unfortunately. Looks beautiful, but no story that appeals.
Meanwhile, competitors Apple AAPL, +0.48% and Disney DIS, -1.26% are way behind. Netflix claims 87% or over-the-top (OTT) subscribers in the U.S. and 50% -70% of subscribers in developed regions such as Europe. In addition, Netflix penetration is at 11.8% of subscribers in Asia-Pacific and is set to grow to 14.3% by 2020, with double digits in Asia being no small feat for an American media company. Netflix's numbers put a price tag on global domination: Free cash flow (FCF) was an astonishing negative $3.3 billion for 2019 - Yes. The company forecasts negative free cash flow of $2.5 billion for this year. It's expensive to produce high-quality local originals for many geographic regions. Still, the company said in its release that the “plan is to continually improve FCF each year and to move slowly towards FCF positive.” #netflix
#Bigtech
#Ares
#Fauda
What I love about this world dominance is that I suddenly watch Japanese, Spanish, Israeli and Swedish series and learn a lot about these cultures. The NLse Ares is still a real flop unfortunately. Looks beautiful, but no story that appeals.
Meanwhile, competitors Apple AAPL, +0.48% and Disney DIS, -1.26% are way behind. Netflix claims 87% or over-the-top (OTT) subscribers in the U.S. and 50% -70% of subscribers in developed regions such as Europe. In addition, Netflix penetration is at 11.8% of subscribers in Asia-Pacific and is set to grow to 14.3% by 2020, with double digits in Asia being no small feat for an American media company. Netflix's numbers put a price tag on global domination: Free cash flow (FCF) was an astonishing negative $3.3 billion for 2019 - Yes. The company forecasts negative free cash flow of $2.5 billion for this year. It's expensive to produce high-quality local originals for many geographic regions. Still, the company said in its release that the “plan is to continually improve FCF each year and to move slowly towards FCF positive.” #netflix
#Bigtech
#Ares
#Fauda
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