
NETFLIX HAS CHANGED THE WAY WE WATCH T-V… AND NOW – IT WANTS TO CHANGE ITS SPOT ON WALL STREET. BUT AS STREAMING COMPETITION HEATS UP.. CAN THE CONTENT STILL KEEP UP?
THE STREAMING GIANT IS BETTING ON MORE REVENUE… MORE SUBSCRIBERS… AND A BIGGER AD BUSINESS TO HELP IT SCALE.
ACCORDING TO THE WALL STREET JOURNAL… THOSE GOALS ARE PART OF A BROADER PUSH TO MORE THAN DOUBLE ITS VALUE.
NETFLIX IS CURRENTLY VALUED AT APPROXIMATELY 419-BILLION DOLLARS.. AND HOPES TO HIT 1-TRILLION DOLLARS WITHIN THE NEXT FIVE YEARS.
BUT NOT EVERYONE ON WALL STREET IS CONVINCED.
ACCORDING TO BARRON’S… ANALYSTS ARE EXPECTING NETFLIX’S ANNUAL REVENUE TO HIT 72-POINT-8 BILLION BY THE END OF 20-30…. WHICH WOULD FAIL TO MEET THEIR 100-PERCENT GROWTH TARGET.
BUT AS THE COMPANY TRIES TO SCALE… THEIR ORIGINAL CONTENT CONTINUES TO SPARK CONVERSATION – ESPECIALLY WHEN FICTION STARTS TO MIRROR REAL LIFE.
TAKE BLACK MIRROR FOR INSTANCE.
THE SHOW RETURNED APRIL 10-TH WITH STRONG REVIEWS – AND ITS TRADEMARK BRAND OF TECH DRIVEN DYSTOPIA.
BUT SEASON 7’S PREMIERE EPISODE HIT A LITTLE DIFFERENTLY… BECAUSE FOR SOME IT FELT EERILY CLOSE TO REALITY.
A HEADS UP AS THIS NEXT PART INCLUDES PLOT DETAILS FROM THE SEASON 7 PREMIERE OF BLACK MIRROR.
IN EPISODE 1… A WOMAN WITH A TERMINAL BRAIN TUMOR HAS HER CONSCIOUSNESS STREAMED BACK INTO HER BODY THROUGH A TECH COMPANY – BUT ONLY IF HER HUSBAND KEEPS UP WITH AN EVER RISING SUBSCRIPTION COST.
AS THE TIERS GET MORE EXPENSIVE… HER MND IS FLOODED WITH ADS – AND THEIR LIVES SPIRAL INTO FINANCIAL RUIN.
THAT CONCEPT RESONATED EVEN MORE AFTER A VIRAL TWITCH LIVESTREAM.
STREAMER IZIDORE LET VIEWERS CONTROL A REAL LIFE VERSION OF CHINESE WATER TORTURE BY DONATING VIRTUAL CURRENCY.
THE MORE THE GAVE… THE FASTER THE COLD WATER DRIPPED ON HIS FOREHEAD.
THE STUNT DREW OVER 430-THOUSAND VIEWS AND IMMEDIATE COMPARISONS TO THE BLACK MIRROR EPISODE’S THEMES OF MONETIZED PAIN AND DIGITAL SPECTATORSHIP.
Izidore’s TWITCH ACCOUNT IS CURRENTLY SUSPENDED DUE TO A VIOLATION OF TWITCH’S COMMUNITY GUIDELINES.
The specific REASON HAS NOT BEEN CONFIRMED.
BUT WITH NETFLIX CRACKING DOWN ON PASSWORD SHARING… ROLLING OUT AN AD SUPPORTED TIER AND EVEN RAISING SUBSCRIPTION PRICES – SOME THINK A POSSIBLE RECESSION COULD HELP. THIS WAS EVIDENT IN THE RECESSION FOLLOWING THE COVID-19 PANDEMIC, WHEN BLOOMBERG REPORTED NETFLIX SAW MORE THAN 15 MILLION NEW SUBSCRIBERS IN EARLY 2020.
THE LOGIC IS IF MORE PEOPLE ARE STAYING HOME INSTEAD OF GOING OUT… THEY MIGHT JUST HIT PLAY A LITTLE MORE OFTEN – WHICH IN TURN COULD HELP NETFLIX GET CLOSER AND CLOSER TO THE 1 TRILLION CLUB.
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