Netflix forecast disappoints as streaming competition looms

Netflix forecast disappoints as streaming competition looms

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-netflix-results/netflix-forecast-disappoints-as-streaming-competition-looms-idUSKCN1RS25H

Netflix Inc reported quarterly results on Tuesday that beat Wall Street targets, but the world's largest online streaming service predicted it would hook fewer new customers than expected through June, just as Walt Disney Co and others prepare to escalate the streaming video wars.

Netflix forecast disappoints as streaming competition looms

Apr 16, 2019, 9:43pm UTC
https://www.reuters.com/article/us-netflix-results/netflix-forecast-disappoints-as-streaming-competition-looms-idUSKCN1RS25H >Netflix Inc reported quarterly results on Tuesday that beat Wall Street targets, but the world's largest online streaming service predicted it would hook fewer new customers than expected through June, just as Walt Disney Co and others prepare to escalate the streaming video wars.