Former president of the NBC cable, Tom Rogers Netflix.
The Trailblazer media, which was an “raging bull” self -proclaimed on Netflix, told CNBC “Fast Money” this week that it was starting to worry – and listed the competition with free content on Youtube as a front wind.
“”[Netflix] always [has] More successful shows than all other combined streaming services, but when you look at the growth of their money[scriber] Base and look at the amount of the total engagement time of all the viewers they obtain, the amount of the viewer has dropped, “said Rogers, who is now executive president of the company of IA Claigrid.
Netflix saw the largest increase in the number of viewers compared to its peers in June, according to Nielsen. However, Youtube represented 13% of the number of total monthly television viewers, while Netflix had 8%.
The last take of Rogers comes after Netflix published a positive quarterly report on July 17.
“There was nothing wrong with his income,” said Rogers, who is also a CNBC contributor. “But the commitment is what motivates everything here. The amount of the visualization it obtains, it leads to price increases, which stimulate the programming budget, which stimulates greater programming.”
Netflix beat estimates in the second quarter high and decrease and increased its directives in the full year. However, since its profits report, streamer’s shares have decreased by around 6% and are now down by almost 11% since the achievement of a record on June 30.
Rogers also predicts artificial intelligence will be a “double -edged sword” for short -term Netflix. On the one hand, he said that it would help targeted streamer and help reduce programming costs. But it also allows independent content creators one step ahead, which benefits YouTube.
“The border between professional and amateur content will become more and more vague as IA tools in the hands of amateurs allow them to produce things that seem incredibly professional,” he said. “I think that AI in the hands of the creative community of YouTube could create a level of professional programming for YouTube which still stimulates its audience.”
The parent company of YouTube, Alphabethas increased by 2% since the start of the year.
However, Rogers still sees Netflix maintaining its status as the most precious media company in the world. However, he said that a gap was “something to watch with certainty”.
Netflix spokesperson Emily Goldstein reported comments to the company’s second quarter of the company.
