Tag Archives: investor reactions

Netflix Shifts Focus from Subscriber Count to Revenue Growth

Netflix Shifts Focus from Subscriber Count to Revenue Growth

Netflix’s decision to stop reporting subscriber numbers marks a significant shift in the streaming giant’s strategy. This move, announced during their second-quarter earnings report in 2024, surprised investors and sent shares tumbling more than 8% on Friday morning. While the company exceeded subscriber expectations for the second quarter, driven by the success of its ad-supported […]