this post was submitted on 10 Aug 2023
241 points (98.8% liked)
World News
32351 readers
352 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The market is so short sited. Sure, Netflix saw a bump in subscribers last quarter, but what were the cancellation numbers in the same quarter? I never got to see that info. I'm sure there's more than a handful of people that didn't mind spending $10 to finish the series they were binging, just to cancel the subscription shortly after. If you have more subscribers and more cancellations, does it really matter?
All that matters is how you frame your situation to your investors.