200,000 users abandon Netflix after crackdown backfires::Aussies have spoken, and the results are not looking good for Netflix. A new report reveals why users are turning to streaming competitors.
200,000 users abandon Netflix after crackdown backfires::Aussies have spoken, and the results are not looking good for Netflix. A new report reveals why users are turning to streaming competitors.
Making it accessible in more countries must’ve had absolutely nothing to do with it. Zilch, nada, nothing. It was all about cracking down on password sharing. /s
But the thing is it actually did work, Netflix has seen a boost in revenue and the companies stock price.
https://www.msn.com/en-us/money/companies/netflix-stock-jumps-as-analysts-see-password-crackdown-ad-tier-boosting-growth/ar-AA1fFSlp
Netflix can’t implement three different changes to its business model and then cherry pick one of those changes as the reason for the increased revenue. Well, maybe not can’t… They’re certainly trying to, and some folk are eating it up, apparently.
If the tire is flat on my car, and I:
… I shouldn’t go around telling folk God fixed my flat tire.
Cool, but that analogy doesn’t work with how companies are valued.
The only thing that matters to the stock market is growth. It doesn’t matter how you get there (most of the time), as long as you’re posting positive numbers and your outlook looks good.
You could be right and seem to be implying the new territories are the main reason but do you have a source for those metrics? You’ve been calling into question how Netflix is counting this so which counts are you using?