However, the decision to stop disclosing subscriber data has sparked controversy among US experts.
“Questions about the growth prospects of Netflix’s subscriber base” are raised by the decision, according to Jamie Lumley of research company Third Bridge.
As growth halted, other tech behemoths like Twitter’s parent company Meta and Facebook also ceased disclosing monthly active user counts.
- Adam Sandler is the most paid actor thanks to Netflix successes.Nearing its 2021 peak, Netflix’s shares have increased by over 30% since the beginning of this year. After the news, however, they did drop by nearly 5%.
“Maintaining customer funds in the streaming space is a challenging task due to the market’s volatility,” stated Sophie Lund-Yates, a lead stock analyst at share trading platform Hargreaves Lansdown.
“One area Netflix has an edge is its original content slate, which is known to be an excellent retention tool when compared to repurposed shows and films.”
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