Netflix could lose four million US subscribers in 2020: brokerage - CNA

Netflix could lose four million US subscribers in 2020: brokerage - CNA

Needham and Co was the fourth Wall Street brokerage in two months to cut its rating for Netflix Inc on Tuesday, arguing competition from new streaming services could lead to the loss of 4 million premium U.S. subscribers next year.

REUTERS: Needham and Co was the fourth Wall Street brokerage in two months to cut its rating for Netflix Inc on Tuesday, arguing competition from new streaming services could lead to the loss of 4 million premium U.S. subscribers next year. Needham analyst L… [+1775 chars]

Read full article | Read comments

0 comments

More business news