>> WELCOME BACK TO OUR SHAKE
OUR WILL NETFLIX SET TO REPORT
EARNINGS.
OF THE DISNEY
PLUS LIVE AND 8 ON NETFLIX IS
MOBILE INSTALLED COULD GET
INSIGHT INTO THE STREAMING
GIANT PERFORMANCE.
WITH THE DOW IS AT A BLACK OR
BP OF INSIGHTS AT HOME, YET HEY
IT'S GOOD TO SEE ADDED WHAT
DOES YOUR DATA OUT THAT NETFLIX
YES 4TH QUARTER.
>> YEAH, SO WHAT WE MEASURE A
MATTE OF TOPEKA IS MOBILE
APP USAGE. AND WHAT THAT MEANS
IS SO WE'RE NOT LOOKING
YOU KNOW YOUR YOUR ROKU APPS OR
OR APPLE TO THINGS LIKE THAT
WE'RE LOOKING AT TABLETS WERE
LOOKING AT YOUR MOBILE DEVICE
OR JUST KNOW THAT.
>> AND SO WE EXPECT GROWTH FOR
BUT WE EXPECT SLOW GROWTH SO
WHAT I MEAN BY
THAT IS WE'RE SHOWING A
DECREASE ABOUT A 3% DECREASE IN
DOWNLOADS YEAR TO YEAR FOR Q 4,
BUT
WE ARE SHOWING AN INCREASE IN
AND THEY YOUR MONTHLY ACTIVE
USERS YEAR EVERY YEAR FOR
Q 4. AND TYPICALLY JUST THROUGH
THE HISTORY OF LOOKING AT OUR
DATA AND LINE THEM UP WITH NET
FLEXES ACT
QUARTERLY EARNINGS. WE'VE SEEN
THAT ARE DOWNLOAD SQUARELY VERY
WELL WITH OUR GALA TRANS
CORRELATE VERY WELL WITH NET
NEW SUBSCRIBERS ADDED PER
QUARTER. AND MONTHLY ACTIVE
USERS
ARE ESTIMATES FOR THAT THEY
HAVE CORRELATED VERY WELL WITH
TOTAL KATE SUBSCRIBERS AT THE
END OF THE QUARTER AND SO WE'RE
SEEING ABOUT A 19% INCREASE
THERE FOR AN EU COURT REPORTER
ARE YOU ABLE
TO BREAK.
>> THAT OUT US VERSUS
INTERNATIONAL BECAUSE THAT'S
THE HUGE
POINT THAT ALL OF THE
INVESTMENT IS GOING TO BE
WATCHING FOR THE GROWTH THE
SUBSCRIBER GROWTH US DOMESTIC
VERSUS ON WHERE THEY'RE
BEEFING UP CONTENT AND SPENDING
HEAVY THEY'RE TRYING TO GET
MORE INTERNATIONAL CONSUMERS.
>> THAT'S VERY TRUE
GIVE YOU AN EXAMPLE SO PRAYER
FOR MONTHLY ACTIVE
FOR THE US WE'RE SEEING THAT UP
ABOUT 7%.
BUT IF YOU LOOK INTERNATIONALLY
SO EVERYTHING OBVIOUSLY, MINUS
THE UNITED STATES THAT'S ABOUT
26 AND A HALF PERCENT AND THEN
PRESENT ASKED
ARE YOU INDIA, INDIA IS THE
BIGGEST MARKET THAT WE'RE
SEEING IN TERMS OF GROWTH WE'RE
LOOKING AT AN AND MAY SEARCH
YEAR OR A YEAR.
ALMOST SO THINGS ARE GOING
REALLY WELL IN INDIANA, I KNOW
YOU CAN ADD TALKED ABOUT IT
PLUS I THINK THAT'S WHAT A LOT
OF PEOPLE I WANTED TO
UNDERSTAND LIKE HOW MUCH IS
THIS GOING.
>> HOW MUCH THE IMPACT IS THE
PLUS STAY WITH US FOR JUST A
SECOND WE DO NEED TO BREAK IN
WITH SOME BREAKING NEWS ON
BOEING THE STOCK AT
2 REOPENED AFTER BEING HALTED
FOLLOWING THIS NEWS PENDING A
STACK HAS REACHED AND A LITTLE
BIT OF ITS
LOSSES BREAD, BUT STILL DOWN A
4.9% ON THOSE SHARES TODAY WAS
GET ABOUT 5 AND A HALF PERCENT.
WHEN IT WAS HALTED FOR KNEES
AND DEAN AND AGAIN THE COMPANY
REITERATING WHAT WE
HEARD FROM THE F A A THAT IT IS
TARGETING A RETURN OF THE 7.37
MAX BY MID 2020. AND THAT IS
BASED ON ITS EXPERIENCE WITH
THE CERTIFICATION.
>> PROCESS THAT'S RIGHT THIS
WOULD MAKE IT ESSENTIALLY
ALMOST A YEAR BETWEEN THE TIME
WHEN IT WAS GROUNDED AND THE
TIME
WHEN IT IS EXPECTED TO MAYBE
JUST MAYBE GET APPROVAL.
IT'S NOT EVEN CERTAIN THAT THEY
WILL GET
THIS APPROVAL BY JUNE MID 2020
HEAR ABOUT IT THAT'S BEST CASE
SCENARIO AT THIS POINT IN TIME
FOR THAT. ADAM THAT'S WHEN
THINGS BACK YOUR WAY HERE WE
CATCH OFF A MOMENT AGO ALL
GOOD.
>> SO DISNEY PLUS I THINK
PEOPLE WANT TO UNDERSTAND YOU
KNOW HOW MUCH OF AN INCH JACK
HAS THAT HAD ON ON NETFLIX AND
TO
THIS POINT. I'M NOT MUCH.
SO YOU LOOK AT MAY YOU TRANSFER
FOR NETFLIX THEY'RE PRETTY MUCH
WHEN I LOOK AT
MY GRAPHS THEY'RE ON IMPEDED
BUT THE REALITY IS THIS THE
PLUS IS REALLY ONLY LIVE IN ONE
MAJOR MARKET RIGHT UNITED
STATES THAN THAT NEXT BIGGEST
MARKET
IS CANADA. NETFLIX IS SUCH A
SUCH A GLOBAL INTERNATIONAL
COMPANY SO TO
THIS POINT. DISNEY PLUS HAS NOT
IMPACTED THEM THAT MUCH BUT AS
DISNEY PLUS ROLLS OUT AND I
BELIEVE THE NEXT DATE IS
MARCH 24TH, THEY'LL BE COMING
OUT IT WILL BE COMING OUT IN
THE UNITED I THINK WE COULD SEE
SOME
IMPACT THERE AND THE OTHER
THING IS THERE'S STILL A LOT OF
MARVEL MOVIES AVAILABLE
ON THAT FLIX TODAY AND THAT'S
DEFINITELY A BIG PULL FOR
DISNEY PLUS AND THEY NEED SOME
MORE ORIGINAL CONTENT
MANDALORIAN SEASON TO THINGS
LIKE THAT.
>> I LOOK AT THEM MOBILE GROWTH
OBVIOUSLY VERY IMPORTANT HERE
SOMETHING THEY FOLLOWED FOR
NETFLIX HOW IMPORTANT IS THE
MOBILE COMPONENT.
I WOULD SAY IT'S IT'S KIND OF
1, 1, I WOULD SAY IT'S BEEN
PRETTY IN THE PAST OF OF JUST
NETFLIX AS A WHOLE AND
THAT'S BECAUSE I'M SURE IF YOU
I DON'T KNOW IF YOU GUYS
PREDATORS TO DEFUSE A NETFLIX
SUBSCRIBERS. BUT IF YOU ARE
YOU'RE PROBABLY TRAVELING A
YOU KNOW ON PLANES WAITING IN
AN AIRPORT THINGS LIKE
THAT PEOPLE HAVE CHILDREN THEY
WANT TO GET THEIR KIDS
SOMETHING TO WATCH AND SO THEY
ARE TO DOWNLOAD THESE APPS
ON MOBILE AND USING THEM SO
THEY CAN WATCH IN THE GOING ON
THE GO IS YOU KNOW WHAT
EVERYONE'S DOING NOW YOU
LOOK AT. YOU KNOW QUICK BITE OR
EQUITY THAT'S LAUNCHING
OBVIOUSLY TAKE TALKS TAKING UP
THAT SHORT
FORM VIDEO AND THAT IS MEANT TO
BE CONSUMED ON THE GO SO EVEN
THOUGH NETFLIX ISN'T SHORT
FORM VIDEO PEOPLE WANT TO WATCH
THEIR STEP ON THE GO YOU KNOW,
IT'S BEEN INTERESTING BECAUSE
FOR NETFLIX ONE OF THEIR HUGE
PLAYS WAS TO GET
PRE INSTALLED.
>> ON SO MANY TELEVISIONS AND
WORKING WITH THE MANUFACTURERS
TO MAKE SURE THAT THEY WERE
POSITION RIGHT ON THAT BOX OF
PEOPLE KNEW THAT THEY WERE
GETTING A TV THAT ALREADY HAD
THE NETFLIX APP ON IT PRELOADED
READY
TO GO. BUT AS MORE CONSUMERS
ARE LOOKING TO WHAT THE MOBILE
SOLUTION IS I THINK ABOUT MY
OWN USER SHIP. I WATCH A LOT
AND NETFLIX ACTUALLY
ON MY TV CHECK BUT I WATCH HBO
NOW
OR AGE GO OR WHATEVER WHY ON
YOU KNOW MY MY OWN PHONE SCREEN
WAM GOING AROUND IS THAT
PERHAPS THE WORST CASE SCENARIO
FOR NETFLIX IS THAT
PEOPLE GET TOO USED TO WATCHING
THEM ON A LARGE SCREEN ON THEIR
TELEVISION OR IN SOME FORM OR
SETTING WHERE THEY'RE SITTING
AND KIND OF JUST WATCHING IN
CONSUMING TELEVISION AND THAT
WAY AS OPPOSED TO ON THE GO.
>> YOU KNOW I DON'T I DON'T
KNOW BECAUSE I'M.
I MEAN OUR SMARTPHONES OVER THE
PAST FEW YEARS AT LEAST HAVE
BEEN GETTING AH BIGGER AND
BIGGER
HIGHER RESOLUTIONS.
>> SO I DON'T NECESSARILY THINK
AS LONG AS YOU'VE SOMEWHERE
NICE TO PUT THE PHONE I DON'T
NECESSARILY THINK THE VIEWING
EXPERIENCE IS ALL THAT BAD ON
ON
GETTING USED TO IT ON ON THE
BIG SCREEN IN A RATHER WATCHING
ON THE BIG SCREEN. BUT I CAN'T
ALWAYS BUT I THINK THAT DRIVE
THAT DON'T MEAN TO CONSUME
CONTENT TO WATCH SOMETHING
ENTERTAINING INTO, YOU KNOW
LEAVE THE THE REAL
WORLD FOR A MINUTE IS IS MORE
PERVASIVE THAN AND A STRONG