New York (CNN Business)Netflix executives have repeatedly said the company will not run ads to generate more revenue. But with competition getting more intense, one Wall Street analyst thinks Netflix should offer a cheaper ad-supported service. Shares of Netflix (NFLX) fell more than 2% Tuesday after Needham analyst Laura Martin downgraded the stock to an "underperform" — essentially a "sell" rating. Martin said that if Netflix keeps its prices where they are currently — in a range of $9 to $16 a month — the company will lose 4 million subscribers in the United States next year. Her solution: Offer an option that costs only about $5 to $7 a month and features an advertising block of about six to eight minutes an hour. Streaming wars scorecard: What to watch and how much it will cost Martin argues such a service could help fend off existing competition from Disney+, Amazon Prime TV, Apple+, Hulu and CBS All Access and new threats from AT&T's HBO Max and … [Read more...] about Why Netflix may need to cut prices and run ads
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The Reason Why Netflix Cancelled Original Series ‘Girlboss’
By Charlie Ridgely - November 8, 2017 03:35 pm EST Share 0 Comments 0 Netflix has cancelled a few original series over the last year, but there's one that stands out among the rest. The decision to axe Girlboss is a bit of a head-scratcher. The streaming service has been abundantly clear that it wants to spend less money on original programs, and the cancellations of expensive programs like Sense8, The Get Down, and Bloodline. However, Girlboss wasn't nearly as expensive as those other programs. In fact, it seemed more along the lines of success stories like Unbreakable Kimmy Schmidt and Orange is the New Black. Girlboss was also fueled by plenty of hype over social media. According to insights from Decider.com, the series generated more buzz than Kimmy Schmidt and Santa Clarita Diet - both of which were renewed. So, why the cancellation? Let's break it down. Slide 1/5 – Girlboss Followed A FormulaOn the surface, Girlboss seemed like a safe bet for … [Read more...] about The Reason Why Netflix Cancelled Original Series ‘Girlboss’
A Complete Ranking of ESPN’s ‘30 for 30’ Films
ESPN’s acclaimed “30 for 30” series returns tonight with its 52nd entry, Hawaiian: The Legend of Eddie Aikau, an examination of the life of a pioneering big-wave surfer. Even though its name is essentially gibberish now (“30 for 30” refers to the batch of films rolled out to celebrate the network’s 30-year anniversary in 2009), the sports-documentary project retains its critical and ratings impact. The fresh set of films rolling out over the next six weeks also includes reflections on the Tonya Harding–Nancy Kerrigan feud, the brutal boxing rivalry of Sugar Ray Leonard and Roberto Duran, and Jimmy Connors’s stranger-than-fiction run at the 1991 U.S. Open. To get suitably pumped for the return of “30 for 30,” Vulture did what any true sports fan would: ranked the previous 51 documentaries in the series from worst to first. 51. Little Big MenLittle Big Men captures some of the unique charm of the LLWS, but ultimately … [Read more...] about A Complete Ranking of ESPN’s ‘30 for 30’ Films