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What’s Dan Loeb’s Plan for Disney? – The New York Times
https://www.nytimes.com/2020/10/08/business/dealbook/loeb-disney-streaming.html
Mr. Loeb’s math: By permanently cutting its dividend — worth about $3 billion a year — the company could more than double its Disney+ content budget of about $1 billion a year. Combined with raising the service’s monthly fee, currently $6 a month, and reducing so-called churn, or subscriber defections, the hedge fund thinks that the “lifetime value” of a Disney+ customer could rise to $500, from $100 today. (Third Point says the market values Netflix customers at about $1,200 apiece.)
Netflix Analyst Cuts Subscriber Forecast on “Flash in the Pan” ‘Cuties’ Controversy
https://www.hollywoodreporter.com/news/netflix-analyst-cuts-subscriber-forecast-on-flash-in-the-pan-cuties-controversy
“He now forecasts Netflix will lose 2 million U.S. and Canadian subscribers in the quarter ending Wednesday, compared with his previous estimate for a 500,000 gain, arguing that “this region bears the brunt of the Cuties detractors.””
