Netflix stock rebounds from Disney withdrawal on original offerings increase
TV streaming service Netflix has had a tough time since Disney set a 2019 end-date on its agreement with them. Now however, thanks to its latest run of original offerings, signalling the business is still working hard om its core proposition, the share price has recovered and is still climbing.
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Of course, Netflix’s USP was always about creating different, original series that could be viewed how and when subscribers chose. And that’s what subscribers – and investors – have remembered. Sure, being able to watch a Disney movie on Netflix might keep your kids quiet for a little while. But, that’s not the core offering of the streaming service, TV producer.
It’s managed to bring a whole new genre of television to the masses and make it cool. That’s what Netflix does well and that’s what it’s continuing got do well. With or without a Disney deal.
In addition to that shareholder revelation, Netflix has also improved on its streaming services for its Apple TV. The Netflix app has been updated to add IOS support for its HDR video streaming for the Apple 4TV.
Elsewhere, the company has just published its new releases list for October. This has been met with subscriber glee and even the critics are excited at the prospect of enjoying some great new TV to watch this autumn.
Sticking with what it does best, Netflix has created and invited a number of new series that will keep existing subscribers hooked, while no doubt attracting a fair few news ones, too.
The newly added releases will include some spooky, Halloween viewing with the second season of Stranger Things. A new original called American Vandal is a brave satirical series that shows Netflix isn’t afraid to poke a little fun at itself – and its viewers!
Netflix is a company that knows who it is and what it does well. And it looks like investors have remembered that detail too.