King of Streaming platforms, Netflix loses about 1 million subscribers but they are optimistic because of their latest $200 million movie, ‘The Gray Man’ by Netflix

Other competitors trying to take bigger piece of the pies. The streaming giant has now lost members for two quarters in a row, but the drop was smaller than what they had expected, glass half full? Top 3 countries where it lost the most subscribers were US and Canada followed by Europe in the last quarter.

According to BBC, Guy Bisson, Executive director at Ampere Analysis, said,

“When you’re the leader, there’s only one direction to go, especially when a large amount of competition launches, which is what Netflix has seen in the last couple of years,” he said.

As of date. Netflix still has just over 200 million subscribers but these numbers are rapidly declining.

Disruptor is being Disrupted

New players are all honing in. Apple TV, HBO Max, Amazon Prime and Disney+ and the major competitors for the streaming giant Netflix.

Let’s talk figures shall we, Disney Plus alone has around 125 million subscribers including subscribers from Disney Plus Hotstar, of which they added a whopping 7.9 million new subscribers to its during the first three months of 2022.

HBO Max has about 77 million subscribers and they have been growing real fast, although mainly in the US only, while Apple TV+ has about 40 million subscribers.

Netflix will start ads soon

Netflix has hinted that Microsoft will be its partner for its ad-supported service and eventually may have lower prices at the risk of ruining ad-free movies

Netflix bets big on “The Gray Man”

Netflix’s latest movie title ‘The Gray Man’ by Anthony and Joe Russo, who also famously directed “Avengers: Infinity War,” back in 2018 went big in this $200 million movie. With a star cast of Ryan Gosling, Chris Evans (otherwise popularly known as Captain America), the gorgeous Ana de Armas and the famous South Indian Tamil Actor, Dhanush appearing in his first Hollywood venture after being 20 years in the movie industry.

The Gray Man is about the timing for Netflix

The timing of this movie couldn’t be better for Netflix. Just before they announce their second-quarter earnings.

All said and done, The Gray man is a riveting action packed thriller that will keep the audience gripped till the end. A power packed performance complimented by the cameo by Dhanush will leave the audience satisfied and convinced about retaining their Netflix subscription for some time!

My favorite quote

A particular quote from the movie that I especially enjoyed was when Chris Evans calls Ryan Gosling “Ken doll”. Perhaps this has something to do with Ryan playing Ken in the rumored Barbie movie.

How much did Netflix pay for the main cast in The Gray Man?

  • Ryan Gosling – About $10 Million
  • Chris Evans – ABout $15 Million
  • Ana de Armas – $400K
  • Dhanush – $500K

‘The Gray Man’ Origin & Franchise

The Gray Man is adapted from Mark Greaney’s 2009 series of the novel, which has many more books suggesting that this movie may be the start of a new franchise.

For all the Indian audience, Dhanush plays the ‘Lone Wolf’ and makes an ‘honorable’ impression.

Watch The Gray Man trailer right here

Did you watch “The Gray Man”? Leave your comments below

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