Bloomberg Technology
Netflix Stock Soars After Posting Subscriber Growth
Netflix shares surged after the streaming giant reported its best quarter of growth since viewers were stuck at home in the early days of the pandemic. LightShed Partners’ Rich Greenfield joins Caroline Hyde and Ed Ludlow to discuss why he thinks Netflix is now the only game in town when it comes to streaming on…
@thebroketrader42
January 24, 2024 at 12:36 pm
I bet most of the customers are BOTs. I believe their profits are down. Their revenue is up… by raising costs. growth is dead.
@thebroketrader42
January 24, 2024 at 12:37 pm
Rich greenfield stated amc entertainment would never make a single penny… they did 12m in profit last q without normal film releases
@AY-8478.
January 24, 2024 at 6:24 pm
Netflix should learn from Amazon’s Freevee, Plex… etc. model of programming, for additional subscribers. 2:33