Thread regarding Netflix Inc. layoffs

How to finaly stop losing subscribers?

Here are Netflix's first-quarter results compared to Wall Street's consensus estimates, as compiled by Bloomberg:

Revenue: $8.16 billion versus $8.18 billion expected

Earnings per share (EPS):* $2.88 versus $2.86 expected

Subscribers: 1.75 million versus 2.3 million net additions expected

https://finance.yahoo.com/news/netflix-earnings-first-quarter-2023-april-18-200640705.html
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| 1051 views | | 1 reply (April 18, 2023) | Reply
Post ID: @OP+1mcwG9hN

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Now that Netflix is sun-setting their DVD rental business, one should expect then to lose those subscribers who've been hanging on BECAUSE of DVD rentals. For that segment of it's legacy subscribers, Netflix's streaming selections aren't differentiated enough from the other streaming services to be worth hanging onto a Netflix subscription.

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