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FBN’s Shibani Joshi on the company’s strong lead in streaming video despite its PR woes after its price increase.
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On today's tech connect it's been an intense year for Netflix say the least who can forget that subscription price increase.
And then the subsequent stock price deep -- but the company is still holding its own against competitor as.
That according to new survey conducted by Citi analyst Citigroup analyst mark Haney.
Showing that twin 7% of people watching movies or TV online still use Netflix.
Even let -- massive backlash from that price increase over the summer that's still a 7% increase from may.
The company has had a strong lead and has held -- again second place -- -- which holds 15% of the market.
Hulu is -- partially by News Corp.
the parent company of this network apple and Amazon holds an eight and 6% stake respectively.
Now while Netflix leadership may have increased satisfaction.
On the other hand -- a major hit.
According to this survey only 18% of respondents say that they were extremely satisfied with the company.
A huge drop from the 50% of people who said that they were extremely satisfied.
In men.
-- how quickly your fortunes can change well coming up now.
