Netflix breaks records in Q4 with hits like ‘The Crown’ and ‘The Killer’

admin 2024年4月27日

Beginner

entertainment, entertainment - beginner

Pre-reading questions:

I will read each question. Then, please answer them.

講師がそれぞれの質問を読むので答えましょう。

Do you usually watch content on streaming platforms like Netflix?
Do you think it’s worth subscribing to streaming services like Netflix?

Vocabulary:

I will read the words, meanings, and sample sentences. Then, repeat after me.

単語、意味、例文を読みます。講師に続いて音読しましょう。

gain /geyn/

[verb] – to get something that is useful, that gives you an advantage, or that is in some way positive, especially over a period of time
After months of hard work, the team managed to gain valuable insights into market trends.

value /VAL-yoo/

[noun] – the monetary worth or market value
The appraiser estimated the antique furniture’s value to be around $5,000 due to its historical significance and excellent condition.

credit /KRED-it/

[verb] – to attribute or acknowledge the success to specific factors
The chef credits the restaurant’s success to its commitment to using fresh, locally sourced ingredients.

aim /eym/

[verb] – to intend
The environmental organization aims to raise awareness about climate change through educational programs and community outreach.

landscape /LAND-skeyp/

[noun] – metaphorically refers to the overall environment or the state of affairs within a particular domain
In the business landscape, companies must adapt to technological advancements to stay competitive in the market.

Article reading:

Please read the whole article. Then, I will check your pronunciation and intonation.

記事を音読しましょう。講師はあなたの発音とイントネーションを確認します。

Netflix outperformed expectations in its fourth quarter (Q4) performance on January 23. The company added a massive 13.1 million new subscribers, surpassing the expected 8.97 million. This achievement marked its biggest-ever increase during the final months of the year, reaching an impressive total of 260 million subscribers. As a result, Netflix’s shares saw an 8.3% surge in after-hours trading, contributing to an outstanding 65% gain in stock value throughout 2023.

Media expert Jessica Reif Ehrlich from Bank of America hailed Netflix as the winner in the “streaming wars,” even though it fell slightly short of per-share earnings estimates at $2.11. Nevertheless, the company reported strong revenue of $8.8 billion, surpassing predictions. Netflix credits this success to hit shows like “Squid Game: The Challenge” and “All the Light We Cannot See.” Looking forward, Netflix anticipates double-digit revenue growth for 2024, emphasizing continued investment in advertising. The company predicts that advertising will become a primary revenue driver by 2025. With plans to boost spending on content, including a significant deal with World Wrestling Entertainment, Netflix aims for strategic and responsible growth in the ever-evolving media landscape.

True or False:

Read the sentences and identify if they are true or false based on the article.

文章を読んで、記事に基づいて正誤を答えましょう。

Netflix underperformed expectations in its Q4 performance on January 23.
The company added a massive 13.1 million new subscribers, surpassing the expected 8.97 million.
This achievement marked its smallest-ever increase during the final months of the year, reaching a total of 200 million subscribers.
Media expert Jessica Reif Ehrlich from Bank of America hailed Netflix as the winner in the “streaming wars.”
Netflix credits its success to lesser-known shows.

Fill in the blanks:

Choose the correct word from the table then fill in the blanks.

適切な言葉を選んで空欄を埋めましょう。

gain

value

credit

aim

landscape

The political __________ shifted dramatically after the election, leading to changes in policies and priorities.
The team captain __________ the victory to the players’ hard work and exceptional teamwork on the field.
Investors closely monitor the __________ of stocks in their portfolios to make informed decisions about buying or selling.
The company’s innovative strategies allowed it to __________ a significant market share in a short period of time.
The student __________ to improve their grades by dedicating more time to studying and seeking additional support.