Netflix led the quarter with almost 200 million paid membership accounts, followed by Disney and Roku, with 102 million and 43 million paid membership accounts, respectively. Global video streaming market is expected to reach $843 billion by 2027, a 12% CAGR between 2020 and 2027. [more]
Shopify, Netflix, Roku, Peloton, Etsy, and Pinterest book Y/Y revenue gains in 28%-60% range but some are still not profitable. [more]
In light of the Covid-19 lock-downs, consumers are saturating the internet for streaming services, but the network structures currently in place do not have the capability to handle the high congestion, especially in low bandwidth areas. [more]
Netflix beat analyst earnings expectations for Q3/2019, but weak guidance, increased competition, and continued losses in operating cash flows has continued its stock price’s decline. [more]
Over the past 3 years, Roku, a tech company that provides a platform to aggregate streaming services such as Netflix, has captured the largest number of devices utilizing its operating system. [more]
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