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Published 13 days ago

Netflix Rattles Investors by Ending Subscriber Disclosures — but Apple’s Similar Strategy in 2018 With iPhones Was a Big Success

Summary by Variety
Netflix made a surprise announcement in reporting its (very good) first quarter results this week: The streaming TV powerhouse will stop reporting quarterly subscriber figures starting in 2025. In response, Netflix shares have taken a hit: The stock is down 8.7% Friday on the news, as investors fret that the lack of visibility into the […]

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