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Headline : Why Netflix will no longer publicly report subscribers

Read more from the original article on here at www.midiaresearch.com.




Tags : #netflix #longer #publicly #report #subscribers



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Netflixรขย€ย™s Q1 2024 numbers are impressive: revenues are up 15% Year on Year (YoY), operating income is up 54%, and operating margin increased by seven percentage points to 28%. The numbers were so impressive, in fact, that Netflix stated in its shareholder letter that it was now re-positioning itself to รขย€ยœbetter reflect our investment grade status.รขย€ย

Netflix, effectively the worldรขย€ย™s leading subscription video on demand (SVOD) service, is taking a leaf out of Metaรขย€ย™s financial playbook and remarketing itself to investors as a maturing and fiscally sound company.ร‚ย ร‚ย A strong balance sheet (outstanding debt paid down and largely replaced with a revolving credit facility of $3 billion), investment in profitable growth, selective M&A activity, and a commitment to paying dividends. Crucial to the success of this financial rebranding will be presenting Netflix as a stable growing business, which is why the company has announced that it will cease reporting on subscriber numbers from Q1 2025.

We are in an era of retention where SVOD is particularly vulnerable

Read more from the original article on here at www.midiaresearch.com.


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