Netflix Shares Soar On Huge Growth In Subscriber Additions

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Netflix didn't just beat analyst estimates for subscriber growth, it crushed them. The company added roughly 3.2 million new subscribers while analysts had predicted only 2 million.

Netflix Inc added many more subscribers in the third quarter than analysts expected as new original shows such as "Stranger Things" kept users hooked to the service, sending the company's shares up 19 percent in extended trading on Monday. The company, which had reported disappointing subscription growth for the last two quarters, forecast current-quarter subscriptions that blew past analysts' expectations. Netflix added about 3.20 million subscribers internationally in the third quarter, beating the average analyst estimate of 2.01 million.
 
sirmonkey1985 said:
shhh don't tell the movie industry, they might actually realize it's not 1960 anymore.
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Oh, they know it. But it's all about how much they can charge before people will stop paying for it, and start stealing it. Basically, they walk the fine line between selling stuff, and having mobs with torches and pitchforks coming after them and burning them alive. Push the customers to the point just short of revolution. That's where your maximum profit line exists.
 
House of Cards, Narcos, Daredevil... make good shit and people will pay for it (make it easy and reasonably priced)

Sure, people will steal it too, but they were never going to pay for it anyway no matter how cheap you make it.
 
Let's see, pay 5 million to license a movie everyone has seen already for one year, or pay 2 million and let a bunch of disenfranchised actors/producers make 10+ hours of original content which you can keep on your service forever... tough choice.

Ive been enjoying some of the "Netflix Original" anime they've been putting up. Amazon Prime seems to be catching on as well. 'Hand of God' is pretty cool, cause watching Ron Perlman be a dick to everyone is always enjoyable to watch :)
 
Wow Netflix doin' it right.
Where the heck are the competitors? You'd think there'd more than just Amazon by now.
 
I don't really care for original content.... I guess my beef with it is that once you start looking to original content to make your product go, then you start losing out on your original business model. I personally don't want to pay $10 / month to get access to one show I like. What I thought was great about Netflix was it was sort of like having a full movie rental place in your house. But over the years they have lost so much of their library. The other day I was discussing some old good movies with the young ones and wanted to show them to them. OOPs neither Amazon nor Netflix nor Hulu had hardly any of the old good movies available unless you wanted to pony up several to rent them or buy them. So what am I paying my monthly fee for? It seems like their libraries have split into covering 2 groups, either their own content and some limited new content, or really weird or obscure junk they could get for a cheap fee. The whole library of older good content you would actually want to see is evaporating. Will anyone offer a movie subscription service that just gives us full access to almost all the movies for a flat monthly fee?
 
Good for Netflix , give me more original content , screw the licensed movies i can watch them elsewhere
 
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Netflix is becoming like hbo,showtime, etc. Only thing is they're not available on cable TV yet. Once that happens then its just another premium network.
 
Wiffle said:
Let's see, pay 5 million to license a movie everyone has seen already for one year, or pay 2 million and let a bunch of disenfranchised actors/producers make 10+ hours of original content which you can keep on your service forever... tough choice.
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10+ hours of original content is closer to $50 million+. Even a show like Bloodline, with no A list actors or expensive CGI was reported to cost more than $7 million per episode.

Expensive original content is a big reason why Netflix burned through more than $500 million this quarter.
 
Netflix did right by me when they continued Longmire after it was canned on cable. They haven't said anything about Season 6 so I hope they do continue it. If not, at least they gave it some life especially on the cliffhanger that A&E had.

Amazon Prime just released Goliath with Billy Bob Thornton and it was good. They got Grand Tour coming out in November with the trio.
 
Now they only need to make their library worldwide and we have a deal.
 
rudy said:
I don't really care for original content.... I guess my beef with it is that once you start looking to original content to make your product go, then you start losing out on your original business model. I personally don't want to pay $10 / month to get access to one show I like. What I thought was great about Netflix was it was sort of like having a full movie rental place in your house. But over the years they have lost so much of their library. The other day I was discussing some old good movies with the young ones and wanted to show them to them. OOPs neither Amazon nor Netflix nor Hulu had hardly any of the old good movies available unless you wanted to pony up several to rent them or buy them. So what am I paying my monthly fee for? It seems like their libraries have split into covering 2 groups, either their own content and some limited new content, or really weird or obscure junk they could get for a cheap fee. The whole library of older good content you would actually want to see is evaporating. Will anyone offer a movie subscription service that just gives us full access to almost all the movies for a flat monthly fee?
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Until the library of a torrent site is larger and more complete there is no competition. They could crush piracy if they offered better service. But right now geolocking and licensing issues hobble streaming services. And it's a fault of the movie industry again. Who refuse to license their movies for worldwide streaming because they think they can't make money on Lithuania by licensing their crap to regular TV there if the crap is already available on netflix worldwide. When in fact TV and streaming consumers have almost zero overlap.

Sorry but I'm not going to subsidize netflix for US viewers by paying 10% more for a lesser library than they get.
 
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If anyone likes a good modern day sheriff show, checkout Longmire. 5 or 6 seasons on Netflix.

Cable TV of old can kiss Netflix's ass. $12/mo vs $60+
 
bigddybn said:
Produce quality content that is easy to obtain and consume and people will pay for it?

Who'da thunk it?
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Along with no commercials, and the ability to watch at your leisure is also a plus. With all the original content from Netflix coming out, then add the addition of Marvel, its a win win.
 
M76 said:
Sorry but I'm not going to subsidize netflix for US viewers by paying 10% more for a lesser library than they get.
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Stop worrying about what others have. lol A box of cereal is likely cheaper their as well... best stop eating your Lucky Charms as well, don't subsidize those gluttonous Americans either. ;)

Yes the licencing things are annoying... but I don't blame Netflix for them. In Canada where I am I know to blame our own Gov. They have stuck to policies from the 1970s that where created in a time where we really where in danger of loosing all Canadian made content.

Netflix is worth the sub price where ever you are for Netflix original alone. If you don't feel that way now, wait a year or two. At some point there will be more high quality back catalog Netflix content then you will be able to catch up on. I can't imagine anyone subbing to HBOs offering would care that they hadn't picked up enough NBC/CBS/FOX content. If you don't see the value netflix offers now its just a matter of time if they continue spending 5+ billion a year producing content, they will build a catalog. Its my hope they continue with the scatter gun like strategy of making all sorts of content. Something for everyone is one of the great things about their content so far.

I would pay $10 a month for 1-2 Netflix shows worth watching every month over... $50-100 a month for cable and 1001 reality shows and dramas that revolve around a Cop, Lawyer, or Doctor, with a sprinkle of 30 minute shows which I believe are intended to be funny all revolving around a group of odd friends.

Don't get me wrong their are some half decent shows on smaller networks, I'm simply saying I get my $10 a month worth even without the larger selection of American B movies on US Netflix... enough that I will help fund the Netflix experiment. The best way around the geo locking from the majors content is to simply step away from it... which is what Netflix has done for me. In Canada to watch GOT we are forced to sub to a $100+ cable package due to HBO forcing us to pay for HBO Canada, and not offering HBO now here. Its BS moves like that... and many many others, that make me feel good about supporting Netflix. The success of their own in house content is the best chance we have to force the other networks and content creators to follow suit and compete.
 
Slyr7.62 said:
If anyone likes a good modern day sheriff show, checkout Longmire. 5 or 6 seasons on Netflix.

Cable TV of old can kiss Netflix's ass. $12/mo vs $60+
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Hell. Just imagine this. You take that $60+ and you give it to Amazon and Netflix, holy shit, we'd be seeing a lot more new content.
 
Kaitian said:
Hell. Just imagine this. You take that $60+ and you give it to Amazon and Netflix, holy shit, we'd be seeing a lot more new content.
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I concur. They could do more with more. I'm glad Amazon Prime & Netflix are not $30/mo. Well, I do send $60+/mo to Amazon. I just get products for that $$.

No commercials on all these shows is great.

I missed that you mentioned Longmire also. 4am will do that to me. I think season 6 will be on amazon next year.
Lou Diamond Phillips is pretty cool as Henry Standing Bear.
 
rudy said:
I don't really care for original content.... I guess my beef with it is that once you start looking to original content to make your product go, then you start losing out on your original business model. I personally don't want to pay $10 / month to get access to one show I like. What I thought was great about Netflix was it was sort of like having a full movie rental place in your house. But over the years they have lost so much of their library. The other day I was discussing some old good movies with the young ones and wanted to show them to them. OOPs neither Amazon nor Netflix nor Hulu had hardly any of the old good movies available unless you wanted to pony up several to rent them or buy them. So what am I paying my monthly fee for? It seems like their libraries have split into covering 2 groups, either their own content and some limited new content, or really weird or obscure junk they could get for a cheap fee. The whole library of older good content you would actually want to see is evaporating. Will anyone offer a movie subscription service that just gives us full access to almost all the movies for a flat monthly fee?
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the problem netflix has is that the movie and TV industries are holding them back from being able to provide everything they want.. most of their contracts to show movies have a specific limit to how long they can provide them before they need to be cycled out and to get those movies back they have to re-negotiate said contract which ends up being them having to pay more money which in turn means the customer has to pay more money.. netflix isn't willing to do that when they can just put the money toward providing their own content. thats the down side to most of the industry being controlled by 5 major companies and 80% of that content being controlled by 2 of the companies. but to be honest over the last year i've found myself watching more netflix originals then anything else.. theres only a handful of TV shows i like anymore that aren't made by netflix but are put on netflix after the seasons end so yeah..

as far as your final question, the answers no because the movie/tv industry won't allow it.


the one thing i would really like to see netflix do is pick up some of these third party produced shows when TV networks dump them.. a perfect example of this would be Person of Interest which still had good ratings but was dumped by CBS in favor of some half ass dirt cheap in house produced comedy show that failed 3 episodes into it's first season.
 
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