this post was submitted on 20 Jul 2023
155 points (92.3% liked)

Television

4623 readers
103 users here now

founded 2 years ago
MODERATORS
 

All the naysayers were correct. Netflix is losing money and subscribers in North America.

Netflix did add subscribers, but not in the markets where they cracked down on password sharing. They added subscribers in countries where they don’t charge very much for subscriptions. So they didn’t make much money from the new subs.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 1 year ago

Wouldn't the share price follow inflation, and wouldn't the stock holders keep getting dividends that themselves follow inflation? I'd say that a stagnant company can still be profitable. But yeah, there's greed and people expecting to make fast, big earnings by buying low and selling high...