Netflix looks for ways to make money
And Aziz's new movie shuts down after 3 days
What to know
Netflix considers new ad-supported tier, password-sharing crackdown… Neither of these changes are imminent but they are on the horizon as Netflix attempts to boost its revenue streams. Netflix stock took a nosedive this week after the streamer announced its first quarterly loss of subscribers in nearly a decade. Netflix says pulling out of Russia was partly to blame. CNN says inflation isn’t helping either and that the stock was overvalued due to the pandemic. I’ll also speculate that increased competition is making business harder for the old ‘Flix. 🍿
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