Yet, in the US, they make less per paid subscriber than Facebook does per free user. There's also 3 to 4 times the amount of said free users as there are of tho

Yet, in the US, they make less per paid subscriber than Facebook does per free user. There's also 3 to 4 times the amount of said free users as there are of those paid users. Netflix's first free-cash-flow positive year was 2020. A measly $2B, less than 10% of Facebook's (the least cash flowing FAAMG). Netflix is a big company, but not in the same league as FAAMG.