Source: Engadget | Google launches digital skills training for Arabic speakers
Just last quarter Netflix passed a $100 billion market cap — and we might already be talking about it as a $150 billion company before too long with yet another big financial quarter that sent its stock soaring.
Netflix, again, beat out some expectations Wall Street held for the first quarter and provided a pretty good outlook for the next quarter as well, where it said it expected to add around 6.2 million new subscribers. In the first quarter, Netflix added 7.41 million new subscribers — around 2 million of them domestic and the rest internationally. The company continued to see some pretty strong streaming revenue growth, which was up around 43% year-over-year in the first quarter this year, to around $3.6 billion.
With all this, Netflix now has nearly 119 million paid streaming memberships — and it wasn’t all that long when Netflix finally said just over two years ago that it would begin opening up in hundreds of new countries internationally. The company’s shares are up around 6% in extended trading, sending its market cap up north of $140 billion. And all this subscriber growth, too, comes before we’re seeing a new tie-up with Comcast’s cable subscriptions that may end up driving that even more. As usual, Netflix expects to lose a ton of money and says it expects between -$3 billion to -$4 billion in free cash flow, but that’s usually not what investors are looking for.
One of the big questions Netflix still has right now is what kind of price tag it will carry as a tack-on to a Comcast subscription. Earlier this week, the companies announced that Comcast would bundle Netflix in to its cable subscriptions, offering yet another entry point for Netflix to ferret up potential consumers that haven’t quite cut the cord yet but still might be interested in Netflix’s content. Netflix normally carries a price tag of around $13.99, but the companies have not said what its price will be as part of a cable bundle yet.
Following Netflix’s last earnings report — which it, as you might expect, included some blowout subscriber numbers — the company rocketed past a market cap of $100 billion. Since then it’s only been an upward trend for Netflix, which prior to its first-quarter report was worth more than $130 billion. Despite increasing spend on original content, that subscriber number is still mostly where it gets its market value because it’s a forward predictor of its revenue.
Netflix late last year said it expected to spend between $7 billion and $8 billion on original content this year, a number that seems to periodically get an upward revision and is still a dramatic step up from 2017. The company in its report today said it expected to spend between $7.5 billion and $8 billion on original content, and expects that marketing and content spend to weight toward the second half of 2018.
But it has to continue to invest in original content because it is a way to attract new subscribers, and also because it’s content that it can more easily distribute across different geographies and itself has control of the rights and what happens to it. It relies on shows like Stranger Things or Altered Carbon to bring in new users, which then hopefully stick around and eventually help recoup the cost of those shows — and then the cycle starts anew.
Source: Tech Crunch Mobiles | Netflix nears a 0B market cap as its subscribers continue to balloon
If you want to design a great website, you’re gonna need some amazing icons. Whether we’re talking tiny bird heads, dollar-to-euro exchange symbols, or just emojis of people nervously whistling, a collection of tiny symbols and icons are a key part of making your website accessible and visually dynamic.
Instead of painstakingly designing them all yourself, sign up fora site like Iconscout, which is currently offering a lifetime plan on sale for less than $30.
Iconscout’s collection features more than 848,000 icons from more than 300 of the most highly regarded icon designers in the world. An icon, after all, is more than just a tiny picture — it has to communicate fairly complicated ideas quickly and clearly by tapping into human archetypes. A poorly designed icon isn’t just ugly, it’s confusing. So by sticking to icon experts, Iconscout guarantees that each icon will create the proper impression for your site’s visitors every time. Read more…
More about Subscription Services, Icons, Mashable Shopping, Shopping Stackcommerce, and Shopping Solo
Source: Mashable | Get lifetime access to more than 800,000 design icons for just
If you missed out on Netflix’s fantastic 2017 series Dear White People, the Season 2 date announcement tells you exactly what’s up. This show deals with cultural appropriation, sex and gender norms, and more (such as “Oppression ft. Migos,” a new Katy Perry single).
SEE ALSO: The 10 best new TV shows of 2017
Season 2 shows Sam (Logan Browning) back on the radio, likely dismantling cultural perceptions on a regular basis as her haters’ vitriol bubbles up. The video also includes appearances from Lena Waithe and Todrick Hall among the ensemble cast – Browning, Brandon Bell, DeRon Howard, Antoinette Robertson, Marquee Richardson, and more. Read more…
More about Entertainment, Television, Netflix, Dear White People, and Entertainment
Source: Mashable | 'Dear White People' Season 2 date announcement is finally here
Kendrick Lamar is officially a Pulitzer Prize winner.
On Monday, the rapper was awarded the 2018 Pulitzer Prize in Music for his fourth studio album, DAMN., which was released almost exactly one year ago today on April 14, 2017.
Congratulations to @kendricklamar, @dangerookipawaa and @Interscope! #Pulitzer pic.twitter.com/fFQBYnoW9F
— The Pulitzer Prizes (@PulitzerPrizes) April 16, 2018
Kendrick is the first non-classical or jazz artist to win the award, and upon learning the rapper had received such an honor, fans were SHOOK. Read more…
More about Entertainment, Kendrick Lamar, Rap, Pulitzer Prize, and Entertainment
Source: Mashable | Kendrick Lamar won a Pulitzer for 'DAMN.' and fans are shook
Source: Google News | Democrats outraising Republicans in key US House races
The Fyre Festival was one of those disasters that the world collectively couldn’t keep its eyes off of, with the internet gobbling up every detail and horror story that came out of the debacle with feverish abandon.
Well hopefully soon there’s going to be some more Fyre Festival content to gobble up — Hulu is in the early stages of developing a docuseries about the self-described luxury music festival with the help of Billboard, Mic, and The Cinemart. It’s expected to come out in 2019, The Hollywood Reporter reported Monday.
More about Hulu, Documentaries, Fyre Festival, Entertainment, and Movies Tv Shows
Source: Mashable | Upcoming documentary to add fuel to the Fyre Festival disaster
Micheal Cohen, President Trump’s personal lawyer, has friends in some low places.
Before making his first court appearance for a hearing after federal officials raided his home, office, and hotel room last week, Cohen told a federal judge that he had given legal advice to three people in the past year. One was obviously President Trump. The second was Republican fundraiser Elliott Broidy, and the third was a person whose identity Cohen refused to disclose.
That is until the federal judge demanded that he publicly release the name.
More about Donald Trump, Sean Hannity, Michael Cohen, Culture, and Politics
Source: Mashable | Michael Cohen's secret client? Sean Hannity.
Advertising Content from Citi
Mobile technology enables more people to be connected, across greater distances, than ever before. An ecosystem of apps has sprung up to fulfill our every desire, from late-night takeout to booking that much-needed getaway.
But what if these disparate industries could join forces to streamline and simplify our lives even more?
Enter Citi and Qantas, two brands with more than 300 years of history between them. A large financial institution and a national airline are not the usual suspects on the forefront of tech innovation, but that makes their global collaboration even more impressive. Read more…
More about Banking, Qantas, Fintech, Citi, and Open Api
Source: Mashable | FinTegration: Citi and Qantas brought the future of banking to SXSW
Millennials aren’t like everyone one else.
You do things on your own time. You leave jobs when you aren’t happy. You celebrate like no generation before (do it for the ‘gram!), and when the time is right, you marry whoever you want whenever you damn well please.
Just look at the statistics. Currently, about 27 percent of millennial couples are married, compared to 36 percent of Generation Xers, 48 percent of Baby Boomers, and 65 percent of Traditionalists when they were the same age. And even though most millennials haven’t walked down the aisle just yet, 86 percent say that you plan on doing so one day. Whenever that is. Read more…
More about Anniversary, Millennials, Gift Ideas, Gift Guide, and Presents
Source: Mashable | Traditional anniversary gifts, reimagined for millennial couples