The industry is starting to struggle with the levels of saturation, so it’s not surprising that Netflix is looking for other revenue options. Now the numbers aren’t as bad, as the naysayers are saying Netflix lost 430,000 US and Canadian subscribers, and most headlines talk that, but in total Netflix rose 1.5 million subscribers worldwide. The end is not here for the clear number 1 top streaming platform. The plans for Netflix include gaming, events, and merchandise, which are all winners, and will likely continue to drive revenues for decades without some other form of disruption in the marketplace.
Streaming group issues disappointing forecasts for third-quarter customer growth.Streaming group issues disappointing forecasts for third-quarter customer growth.