Netflix’s Growth Outlook: Analyst Forecasts 431 Million Subscribers by 2033 but Raises Concerns

Benchmark analyst Matthew Harrigan maintains a Sell rating on Netflix, citing concerns over member growth and potential price hikes. He forecasts 431 million global subscribers by 2033 but believes Netflix may struggle to reach that target due to competition and market saturation. Harrigan also highlights the importance of advertising revenue and Netflix’s new initiatives, such as AVOD and gaming, in driving future growth.

Apple TV+ Joins Prime Video, Expanding Streaming Options

Amazon Prime Video is adding Apple TV+ to its already extensive library of streaming services, offering subscribers access to award-winning Apple Originals like Ted Lasso, Silo, and The Morning Show for an additional $9.99 a month. This move further strengthens Prime Video’s position as a one-stop shop for entertainment, providing an even wider selection of content and catering to diverse viewing preferences.

Disney+ Expands Paid Sharing Program, Offers Extra Member Add-on

The Walt Disney Company (DIS) has expanded its paid sharing program for Disney+, allowing users to share their subscriptions with friends and family members for an additional fee. This new ‘Extra Member’ add-on is available in the US, Canada, Costa Rica, Guatemala, Europe, and the Asia-Pacific region. The move follows Disney’s crackdown on password sharing earlier this year.

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