Netflix May End Offline Viewing on Windows App
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 28 2024
0mins
Should l Buy NFLX?
Source: Benzinga
- Netflix to Stop Supporting Offline Viewing on Windows App: Netflix is considering discontinuing offline viewing support on its Windows app, as reported by X (formerly Twitter) posts.
- Notification Sent to Windows Users: The company has started notifying Windows users about this potential change, which may come with an upcoming update.
- Downloads No Longer Supported on Windows App: Screenshots of the notification reveal that downloads will no longer be supported on the Windows app, but they will still be available on supported mobile devices.
- New Features and Plans Mentioned: The notification also mentioned new features like access to live events and compatibility with ad-supported subscription plans.
- Netflix's Recent Performance: Netflix reported significant revenue growth in the first quarter, added a substantial number of paid net new subscribers, and saw a rise in its stock price over the last 12 months.
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Analyst Views on NFLX
Wall Street analysts forecast NFLX stock price to rise
38 Analyst Rating
27 Buy
10 Hold
1 Sell
Moderate Buy
Current: 75.860
Low
92.00
Averages
114.18
High
150.00
Current: 75.860
Low
92.00
Averages
114.18
High
150.00
About NFLX
Netflix, Inc. is a provider of entertainment services. The Company acquires, licenses and produces content, including original programming. It provides paid memberships in over 190 countries offering television (TV) series, films and games across a variety of genres and languages. It allows members to play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time. The Company offers members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, TV set-top boxes and mobile devices. It is engaged in scaling its streaming service, such as introducing games and advertising on its service, as well as offering live programming. It is developing technology and utilizing third-party cloud computing, technology and other services. The Company is also engaged in scaling its own studio operations to produce original content.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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