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Netflix subscriber numbers fall amid cost of living pressures

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Netflix’s attempt to boost subscriber numbers through a crackdown on password sharing has seemingly backfired, as recent figures reveal a three percent decline in its subscriber base in Australia.

According to research firm Telsyte’s annual industry survey, the number of Netflix subscribers dropped to 6.1 million over the past year, representing a loss of around 189,000 subscribers.

The initiative, introduced in May, prevented multiple users in different locations from sharing a single account. Instead, Netflix introduced a new payment plan option allowing users to add an “extra member” to standard or premium plans for an additional $7.99 per month.

However, the move triggered backlash on social media, with many customers expressing frustration and even threatening to cancel their accounts.

Despite this decline, Netflix remains the most popular streaming service in Australia. Other services, such as Paramount+ and Foxtel’s Binge, experienced growth in subscriber numbers, up 41 percent and 22 percent respectively over the past year.

Amazon Prime Video, Kayo Sports, Disney+, and Stan also reported subscriber increases ranging from one to two percent.

Several streaming platforms, including Stan and Disney+, have decided to eliminate free trials. This shift comes as streaming services have become pricier since their inception in Australia, with Netflix being among the first to raise its prices in November 2021.

Telsyte’s report revealed that the subscription streaming market in Australia reached a value of $2.7 billion in the year leading up to June 30, marking a 14 percent increase compared to the previous year.

Despite the challenges posed by shifting consumer preferences and pricing changes, the streaming market continues to exhibit growth.

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China faces economic slowdown amid Trump’s tariffs

China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.

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China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.


China is under pressure to meet its 5% growth target this year as US tariffs bite.

Analysts are calling for a major stimulus package—up to 2 trillion yuan—to combat trade war fallout.

This episode explores what measures Beijing may take, and whether Chinese consumers can help steady the ship.

#ChinaEconomy #TrumpTariffs #GlobalTrade #Stimulus #ChineseGrowth #Beijing #ConsumerSpending #TickerNews

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Tariffs shake tech sector and US dollar stability

“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”

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“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”


As tariffs ripple through global markets, questions emerge about tech stability and the US dollar’s safe-haven status.

With giants like Nvidia and ASML raising red flags, are we looking at isolated concerns—or a broader systemic risk?

Plus, Australia’s jobs report shows resilience. We discuss with David Scutt from StoneX.

#TechStocks #USDollar #Nvidia #ASML #GlobalMarkets #TradeWar #EconomicForecast #TickerNews

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Powell warns tariffs may slow US economy

Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

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Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews


Federal Reserve Chair Jerome Powell says the US economy remains strong, but Trump’s tariffs may threaten growth.

Powell warns that these trade barriers could trigger higher inflation, slower growth, and financial market volatility.

We break down what Powell said and what it means for Wall Street and everyday investors.

#JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

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