Netflix Skids on User Slowdown, HBO Plots Web Competition

Netflix is facing uncertainty as subscriber growth slows. HBO's new standalone program adds competition, impacting Netflix's market position. The company reports slower user growth for the fourth quarter, reflecting broader market challenges. Other consumer-facing companies like Google and Facebook also experience market difficulties, indicating a potential decrease in consumer spending.

What was one of the major challenges Netflix faced according to the transcript?

• Technical issues with their streaming service

• A lawsuit from a rival company

• A decline in international subscribers

• A new competitor in the form of HBO's standalone program

What was the expected trend for Netflix's user growth in the fourth quarter?

• Slower growth

• Stagnation

• Decline in international markets

• Rapid increase

Which other company was mentioned as having a similar consumer spending forecast as Netflix?

• Microsoft

• Apple

• eBay

• Amazon

How did the stock market perform on the day mentioned in the transcript?

• It was a record high

• It was a stable day

• It was a tough day with many companies affected

• It showed slight improvement

Why is subscriber growth in the US particularly important for Netflix?

• The US market has fewer competitors

• International markets are more profitable

• The US market is their base and a larger pool

• The US market is smaller than international markets