tz-plus logo Netflix can almost quadruple subscriber growth in Q3 - $180 billion opportunity in the advertising market is just beginning!

C. Ferrario
Reading Time: 3 minutes

Netflix continues to be the leading streaming service behind YouTube with 8% of US TV time, according to Nielsen. Increasing competitive pressure, declining consumer spending, the sharing of user accounts and strikes in Hollywood have caused skepticism among investors in recent months, which now seems to have been swept away with a strong 3rd quarter and a 12% increase in the share price after trading hours. A sales increase of almost 8% to $8.54 billion (consensus: $8.53 billion) and the prospect of an acceleration of 11% in the 4th quarter were...

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