Wednesday, October 15, 2014
Investors slam Netflix due to slowing subscriber growth
Still, HBO will increase competition for Netflix, said Parks Associates analyst Glenn Hower.
“If HBO can supply a large and diverse library, including their original content, for a price comparable to Netflix, Netflix is going to have a much more difficult time attracting and retaining customers,” Hower said. “Lack of HBO original content has been a criticism of Netflix, and if consumers can get it through an HBO streaming service without a TV subscription, that is where they are going to go.”
But he said Netflix has shows, including original programming like “Orange is the New Black,” that HBO doesn’t offer, “so there is definitely room for both services to coexist.”
From the article "Investors slam Netflix due to slowing subscriber growth" by Benny Evangelista.
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