“The latest price increase may slow domestic subscriber growth dramatically this year,” warned Wedbush Securities in a note to investors.
The company said Bird Box, starring Sandra Bullock, had been viewed by 80 million subscribers in four weeks since it was released over the holidays.
The company’s fourth-quarter earnings were broadly in line with analyst estimates and came after the streaming media giant announced a subscription price hike.
Of the new subscribers, 1.53 million were in the US.