Reported about 7 hours ago
Netflix's recent fourth quarter performance has led to a surge in stock prices, with nearly 19 million new subscribers and an increased revenue forecast for 2025. The success of the ad-supported tier has exceeded expectations, mitigating subscriber churn by enticing former users to downgrade instead of quitting altogether. Expert Michael Pachter suggests that Netflix should focus on special sporting events like the FIFA Women’s World Cup to compete effectively in the live sports arena.
Source: YAHOO