Netflix bearish continuationEarnings report
Subscriber loss
Overdue correction
Poor management
Cancelling Tv Shows
Now Netflix new plan to generate more revenue is AD-supported low cost subscription plan.
Now read the fine print on the plan. No download support and limited views of new releases.
How is this a plan to generate more revenue and bring subscribers back.
Who at Netflix comes up with these plans.
Other streaming services prices are going up due to rising costs but they are also
adding more content to meet the demand of subscribers.
I am going to leave this post here for you out there to decide.
Overspending and trying to maintain inflation profits is how companies
start to fail.