Netflix could lose four million U.S. subscribers in 2020: brokerage - Yahoo Canada Finance

Netflix could lose four million U.S. subscribers in 2020: brokerage - Yahoo Canada Finance

Needham analyst Laura Martin, who downgraded the California-based tech giant to "underperform", believes Netflix will have to add a lower priced service to compete with competitors including Apple Inc's Apple TV+ service and Walt Disney Co's Disney+. The c…

(Reuters) - Needham and Co was the fourth Wall Street brokerage in two months to cut its rating for Netflix Inc <NFLX.O> on Tuesday, arguing competition from new streaming services could lead to the loss of 4 million premium U.S. subscribers next year. … [+1749 chars]

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