4 ms·
I think the demise of Netflix has been greatly overstated (although growth is slowing down) The biggest change last quarter is that Netflix went from having 70
by Rebelgecko 5y ago
I think the demise of Netflix has been greatly overstated (although growth is slowing down)
The biggest change last quarter is that Netflix went from having 700,000 customers in Russia down to 0. In other words, they actually had a net gain of 500,000 subscribers in the parts of the world where they still operate.
- graaben 5y agoI believe they are forecasting a loss of another 2mm subscribers in Q2.
- colinmhayes 5y agoA net gain of 500,000 against an expected gain of 2.5M is horrible. Don't think analysts are ignoring the Russia situation, they just realize that Netflix has much bigger problems.