$7.93 billion vs $7.837 billion, according to Refinitiv survey.Addition of 2.41 million subscribers vs. an addition of 1.09 million subscribers, according to StreetAccount estimates.happening in wake of the pandemic has pushed Wall Street to reconsider ways companies like Netflix can grow profits from existing subscribers, rather than bank on high levels of new subscriber growth.
Netflix noted its competitive advantage in a note to investors, saying: "Our competitors are investing heavily to drive subscribers and engagement, but building a large, successful streaming business is hard - we estimate they are all losing money, with combined 2022 operating losses well over $10 billion, vs. Netflix's $5 to $6 billion annual operating profit."
Why pay extra for a “clear image” version when you can just unsubscribe.
Getting a bit giddy about the ad version there. More likely people will downgrade to that rather than get new signups.
Guess it wasn't too woke after all
Is that all the former subscribers who dropped the service last year?
Weren't they writing Netflix off as dead just a couple of months ago?
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Source: MarketWatch - 🏆 3. / 97 Read more »