Netflix hits 139 million subs, but fears YouTube and Fortnite

Netflix declines to remove controversial footage from 'Bird Box'

Netflix said in a statement that with movies like Roma, from Mexican director Alfonso Cuaron, "we are beginning to have our original movie offering mirror the success of our series". Analysts had expected 7.5 million new subscribers while Netflix itself had forecast 7.6 million. If the muted reaction to the company's recent, albeit modest, price increases are any indication, Netflix could charge as much as $15.50 per month for a standard subscription, now priced at $13, without much issue, according to Piper Jaffray.

Wedbush has one of the most bearish outlooks on Netflix of any Wall Street shop.

Netflix noted that it controls approximately 10% of television screen time in the USA and slightly less of that in mobile screen time. Of the 8.8 million paying global subscribers added in the holiday quarter, just 1.5 million were domestic.

Recently, it disclosed that it would raise consumer monthly pricing 12% to 18% - depending on the Netflix streaming service - all to push more original content.

While investors seemed a bit disappointed, Wall Street analysts remained unfazed by the shortfall in the company's forecast.

The video streaming pioneer's shortfall in revenue expectations disappointed investors looking for a bigger payoff from the company's recent decision to raise prices as much as 18 percent for its USA customers.

In the fourth quarter, the streaming platform added 1.53 million domestic subscribers and 7.31 million worldwide subscribers, both topping Wall Street estimates.

Netflix shares were down as much as 4.1 percent on Friday in NY.

Netflix Inc NFLX.O forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending shares of the world's largest streaming service down 4 percent in after-hours trading.

"While TDG believes that Netflix will endure any short-term backlash from these increases, it is undoubtedly reaching a level of price resistance across all tiers", TDG president Michael Greeson said.

Netflix said it lost more of its customers' viewing time to the video game Fortnite than HBO, the premium cable network owned by AT&T.

So far, the footage has been noticed in the Netflix original film Bird Box as well as the series Travelers.

The company took on new debt last year, reporting free cash flow burn of negative $1.3 billion for the quarter, bringing total outflow to $3 billion for the year. It posted above-expected fourth-quarter profit of US$133.9 million, or 30 cents per share.

The Sandra Bullock-starring sci-fi streamer is an undisputed hit, spawning culture-saturating memes and racking up a staggering 80 million viewers in its first four weeks.

Even more detailed statistics were provided from Netflix including its US market share of 100 million hours of viewing per day.

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