rss
04-19-2016, 01:14 AM
Netflix has a 'mo money, mo problems' problem
http://rack.2.mshcdn.com/media/ZgkyMDE2LzA0LzE4LzI2L2ZyYW5rLmZlYWJjLmpwZwpwCXRodW 1iCTU3NXgzMjMjCmUJanBn/82dcf094/c7e/frank.jpghttp://rack.1.mshcdn.com/assets/feed-tw-f7c0a094d16b7ee7c91a1e50839a8e00.jpg (http://twitter.com/share?via=Mashable&text=Netflix+has+a+%27mo+money%2C+mo+problems%27+p roblem&src=http%3A%2F%2Fmashable.com%2F2016%2F04%2F18%2Fn etflix-q1-2016-earnings%2F)http://rack.1.mshcdn.com/assets/feed-fb-c0a21e8841794479b8086c32c6f24ba1.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2016%2F04 %2F18%2Fnetflix-q1-2016-earnings%2F&src=sp)
It's hard to be the king.*
You could make a case that Netflix has been the most successful company of the past few years, reaching a massive number of subscribers around the world and successfully pushing into original video.
That success has led to even loftier expectations. And*those expectations caught up with the company on Monday.*
Netflix reported earnings for the first quarter of 2016 that disappointed investors, sending its stock tumbling more than 10% in after-hours trading.
For that kind of action, one might expect a disaster. Instead, Netflix added 6.7 million new customers around the world in the quarter. It also logged more profit than expected.* Read more... (http://mashable.com/2016/04/18/netflix-q1-2016-earnings/)
More about Streaming Video (http://mashable.com/category/streaming-video/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Netflix (http://mashable.com/category/netflix/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/Wr0KFJvBlA8
http://rack.2.mshcdn.com/media/ZgkyMDE2LzA0LzE4LzI2L2ZyYW5rLmZlYWJjLmpwZwpwCXRodW 1iCTU3NXgzMjMjCmUJanBn/82dcf094/c7e/frank.jpghttp://rack.1.mshcdn.com/assets/feed-tw-f7c0a094d16b7ee7c91a1e50839a8e00.jpg (http://twitter.com/share?via=Mashable&text=Netflix+has+a+%27mo+money%2C+mo+problems%27+p roblem&src=http%3A%2F%2Fmashable.com%2F2016%2F04%2F18%2Fn etflix-q1-2016-earnings%2F)http://rack.1.mshcdn.com/assets/feed-fb-c0a21e8841794479b8086c32c6f24ba1.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2016%2F04 %2F18%2Fnetflix-q1-2016-earnings%2F&src=sp)
It's hard to be the king.*
You could make a case that Netflix has been the most successful company of the past few years, reaching a massive number of subscribers around the world and successfully pushing into original video.
That success has led to even loftier expectations. And*those expectations caught up with the company on Monday.*
Netflix reported earnings for the first quarter of 2016 that disappointed investors, sending its stock tumbling more than 10% in after-hours trading.
For that kind of action, one might expect a disaster. Instead, Netflix added 6.7 million new customers around the world in the quarter. It also logged more profit than expected.* Read more... (http://mashable.com/2016/04/18/netflix-q1-2016-earnings/)
More about Streaming Video (http://mashable.com/category/streaming-video/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Netflix (http://mashable.com/category/netflix/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/Wr0KFJvBlA8