2 years ago
The Netflix Stock Crash - Takeaways from a Netflix Content Strategy Alum & Screenwriter
Netflix announced Tuesday, April 19th that it had lost 200K subscribers in Q1 2022, its first quarter of subscriber losses in over a decade. Wednesday, the stock plummeted by 35% and $54bn of market cap was wiped out. More pessimistically, the company predicted it would lose an order of magnitude greater number of subscribers in Q2 at 2M projected sub losses.
Continue Reading
https://nihaar.substack.com
Join the Discussion