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- Reuters
Video streaming services see downloads, active users drop in April, BofA report shows
Video streaming services saw a drop in downloads and active users during April, a research note by Bank of America showed on Monday, citing data from Sensor Tower, likely pressured by heated competition in the segment and an uncertain economic outlook. Across all video streaming services, including Netflix , Paramount and Walt Disney, downloads and monthly active users (MAU) declined 4% in aggregate, according to the note. Netflix saw a decline of 6% in downloads and 8% in MAU, while Disney's downloads fell by 26% and MAU by 10%.
- Zacks
Netflix and Starbucks have been highlighted as Zacks Bull and Bear of the Day
Netflix and Starbucks have been highlighted as Zacks Bull and Bear of the Day.
- Zacks
Bull of the Day: Netflix (NFLX)
Netflix recently enjoyed a solid quarter, posting $2.1 billion in free cash flow and seeing meaningful margin expansion.
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