Jason Bazinet Citigroup Downgrades Netflix, Predicts It’ll End Up Spending North of $20 Billion on Content Post-Strike Analyst Jason Bazinet also predicts revenue growth will shrink for the streaming giant Netflix Losing $6 Billion a Year on Password Sharing, Analyst Says Citi analyst Jason Bazinet says illegal sharing of subscription streaming services is a $25 billion-a-year problem for U.S. operators, and the top SVOD owns 25% of it Dish Rises on Analyst Upgrade, Sale Speculation NEXT TV NEWSLETTERThe smarter way to stay on top of the streaming and OTT industry. Sign up below.* To subscribe, you must consent to Future’s privacy policy. MOST READ1'Problematic' FCC Conditions On Station Sale Could Create Detroit Drama2Steve Carell Joins Tina Fey in Netflix Adaptation of 'The Four Seasons'3Nick Carter, Aaron Carter Subject of New Investigation Discovery Docuseries 4AT&T Fixed Wireless Access Deployment Accelerates, Internet Air Adds 110,000 Customers in Q15Robert Rose’s AIM Tell-A-Vision to Take Broadcast Syndication Viewers Inside the War in Ukraine with 4-Part Docuseries Starting This Weekend