Post 2Q23 Earnings, Netflix Still Looks Terribly Overvalued
2Q23 earnings continue to show that Netflix is a low-growth business with deteriorating profitability.
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2Q23 earnings continue to show that Netflix is a low-growth business with deteriorating profitability.
Industry experts agree that the best thing about OTT was the democratisation of talent. Quality of content has always been very good in India, but now it is easier for Indian content to travel across the world
The weaknesses in Netflix’s (NFLX) business model are undeniable, as we’ve been pointing out for years. Here's why we expect the share price to be cut in half.
Showing double-digit growth over the last twelve months after being damaged in the prior year by ad spend cut-backs and production halts during the earlier phas...
| 21 April 2021 After unprecedented growth in 2020 where the company was almost certainly the biggest beneficiary of global stay at home orders and lockdowns resulting in soaring membership, subscription video-on-demand leader Netflix has seen business gravity apply over the course of the first quarter of 2021. For the three-month period ended 31 March 2021, the company had 208 million paid memberships around the world, up 13.6% compared with the end of Q1 20 and 3.98 million more than at the end of the fourth quarter of 2020. Revenue for the quarter grew 24% on an annual basis ...