Netflix has a great year 2020, but 2021 can be difficult.

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Hollywood is disastrous in 2020 with the coronavirus outbreak shaking the entertainment industry. But Hollywood's loss is Netflix's acquisition.Netflix has grown in 2020 as people are stuck at home during the global health crisis.The company has seen a massive increase in subscriber numbers over the past two quarters, helping to drive nearly 70% of its stock this year.Investors are now keen to learn if Netflix can gain that momentum in the coming year.The company will report third-quarter results after the bell on Tuesday, Wall Street will keep an eye on subscriber growth. (Like Netflix), however, a lot of attention will be focused on what the company has to say about next quarter and next year, according to Bernie McTernan, senior analyst at Rosenblatt Securities.


Netflix's follower slotxo download android forecast of 2.5 million in the third quarter was The "conservative number" should be higher, McTernan believes, however, could be an indication that next year might be more likely to fall than 2020.We think that in 2021, subscriber growth will slow significantly," he told CNN Business. "We think the '21 outlook will be more challenging for Netflix.McTernan, who is weaker on Netflix than most other investors, added that he doubts the company will raise prices next year, a move that could lead customers to cancel the service.We surveyed streaming video and many respondents indicated that they would either cancel Netflix (NFLX) or reduce the number of months subscribing to Netflix due to a one or two dollar increase in prices," he said.

Another concern for streamers might be more competition in the next year.Heading into 2020, Netflix is ​​the king of the streaming world. New services like Disney + are still in their infancy, and others like Peacock and HBO Max don't have it yet (WarnerMedia is the parent company of HBO Max and CNN).2021 may be a different story.For example, Disney has seen its media empire destroyed by the coronavirus as movies are delayed, production disrupted and parks closed for months. But part of Disney has grown exponentially this year: streaming.Disney +, the company's new streaming service, had more than 60 million subscribers in less than a year. That allowed the service to grow faster as the company told investors last year that Disney + would have 60 million to 90 million members worldwide by 2024.


Due to the success of Disney +, the company announced a major restructuring of its media and entertainment business last week to "accelerate" its streaming strategy.The reorganization is very compelling and underscores the company's focus on streaming,” McTernan said. “Netflix has never faced this kind of global competition before. The race is over for it While Netflix may have a thinner year of 2021, it's hardly doomed.If 2020 has proven anything, streaming will keep going.That puts Netflix in a great position, given its massive start to its competitors and becoming synonymous with streaming.The bright side is that streaming usage has accelerated during this epidemic and Netflix has come together to lead the world," McTernan said. "I think it's a great company, but I think it is. It's a strong stock