Netflix's 'Bird Box' Faces Backlash Over Train Derailment Footage

FILE This file image released by Netflix shows Sandra Bullock in a scene from the film

FILE This file image released by Netflix shows Sandra Bullock in a scene from the film"Bird Box. Netflix lifted the usually tightly sealed lid on its viewership numbers in a recent tweet that disclosed 45 million subscriber accounts had watched the

Fourth-quarter profit fell to $134m from the year earlier's $186m, the company said. The notion that 11 million subscribers will bolt with a small $1 increase just doesn't seem plausible.

"The bottom line is that Netflix remains the uncontested leader in the subscription video space".

Netflix also released information about its buzzed-about Black Mirror installment Bandersnatch. Netflix shares were down as much as 4.1 percent on Friday in NY.

It expects to add another 8.9 million subscribers in the quarter that ends in March, the vast majority of which are expected to come from strong growth in its global markets. The price hikes affect all new subscribers immediately, as you can see on the Netflix signup page, but current subscribers will begin to see the new prices reflected in their bills over the next three months. Netflix is notoriously quiet about its viewership statistics, so it was doubly (triply?) shocking when it then announced that new series Sex Education is also "on pace to be watched by over 40 million accounts over its first month" and Spanish drama Elite "attracted more than 20 million households during its first four weeks on the service".

Netflix's price hike raises an interesting question: at what price point will subscribers start leaving the service?

A billion hours of television content is watched daily in the United States, and Netflix accounts for about a tenth of it, according to co-founder and chief executive Reed Hastings.

U.S. says China's death sentence against Canadian 'politically motivated'
Chinese Foreign Ministry spokeswoman Hua Chunying expressed " strong dissatisfaction" with that. His original sentence was 15 years.

"There's a billion hours of television content being consumed today - we're winning about 10 percent of it", Chief Executive Officer Reed Hastings said in an online Q&A.

The company acknowledged it faces a broad range of competitors.

"Our best way is to win more time by having the best experience with all the things we do". He noted that streaming options from Amazon and Hulu are now slightly more affordable than Netflix.

"Our early investment in doing original content was betting there would come a day when studios and networks might opt not to license their content in favor of launching their own services", Sarandos said.

Pond5 sold footage of the burning town to "Bird Box" and another Netflix production, "Travelers". In the film, you can see a snippet of footage included in a fictionalized news report on the mass suicides that have already paralyzed major cities across the world.

George Salmon, analyst at Hargreaves Lansdown, said he expected Netflix subscribers to swallow the higher fees.

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