Cherry picking stocks that are also performing poorly only shows that some other individual stocks are also doing poorly. That’s it. When you look at the broader market or zoom in on sectors, Netflix is doing much worse. The closest stock to Netflix that you managed to cite was Disney which is down about a 50% haircut. NFLX is down a 50% haircut followed by another 50% haircut. Down 75% and down 55% might seem not all that far apart, but it is. To get back to ATH Disney has to roughly double. For Netflix they have to double and then they have to double again.
Ah. So you want to compare NFLX to its peers in the content business / same industry. Okay. I can do that. Since I already mentioned Disney let's move on to others.
PARA = down 75.46% from its peak. Oh, look at that. They grew subscribers last quarter.
« Continued Momentum in Direct-to-Consumer (DTC), With Strong Consumer Demand in the Quarter
–
Grew Total Global Streaming Subscribers to Over 62M, Driven by 6.8M Paramount+ Subscriber Additions
–
Expanded Pluto TV Global Monthly Active Users (MAUs) to Nearly 68M
« Robust Monetization in DTC, With Revenue up 82% Year-Over-Year to $1.1 Billion
–
Achieved 95% Growth in DTC Subscription Revenue, Fueled by Paramount+
–
Generated a 59% Increase in DTC Advertising Revenue, Driven by Pluto TV
WBD = down 81.85% from its peak and they grew subscribers too.
Financial Highlights
- Ended Q1 2022 with 24 million DTC Subscribers, an
increase of 2 million subscribers since the end of Q4.
FUBO = down 95.87% from its peak and they grew subscribers and revenue last quarter.
ir.fubo.tv
fuboTV’s North American (U.S. and Canada) streaming business delivered
a record $236.7 million in total revenue in the first quarter,
an increase of 98% year-over-year. The company also delivered
solid year-over-year growth in advertising revenue (up 81% to $22.8 million) and
total paid subscribers (up 81% to 1,056,245).
ROKU = down 82.27% from its peak. Yes, they grew subscribers too.
Q1 2022 Key Results
- Total net revenue grew 28% year-over-year (YoY) to $734 million
- Platform revenue increased 39% YoY to $647 million
- Roku
added 1.1 million incremental Active Accounts in Q1 2022 to reach 61.3 million
- Streaming Hours increased by 1.4 billion hours over last quarter to 20.9 billion
- Average Revenue Per User (ARPU) grew to $42.91 (trailing 12-month basis), up 34% YoY
CURI = down 92.88% from its peak and another streaming provider that grew subs
First quarter 2022 revenue of $17.6 million, up 77% year over year Establishes new financial targets, including positive cash flow from operations in the first quarter of 2023 and a minimum balance of $50 million in cash, restricted cash, and available for sale investments Cash, restricted cash...
investors.curiositystream.com
First Quarter 2022 Financial Results
- Revenue of $17.6 million, up from $9.9 million in the first quarter of 2021;
-
Total paying subscribers of approximately 24 million, up 50% year over year;
- Gross profit of $5.8 million compared to $5.7 million in the first quarter of 2021;
First Quarter 2022 Business Highlights
-
Grew subscribers while maintaining low single digit churn
- Launched Curiosity Now Free, Ad-supported Streaming TV (FAST) channel
