Netflix will no longer share subscriber data starting next year. But price hikes aren't over, as Netflix doesn't have a ceiling in mind.
Netflix's quarterly earnings report for the three-month period ending in March is in, with an unexpected surprise. No, a Netflix price hike isn't imminent, though the company said that it doesn't have a ceiling and it'll continue to ask for more money from subscribers from time to time. But Netflix did announce that it will stop reporting subscriber numbers next year. The decision might seem like an indication of bad news to come.
Memberships are just 'one component' of Netflix's growth. Finally, Netflix says it has different subscription tiers in various countries at different prices. As a result, 'each incremental paid membership has a very different business impact.' Netflix will continue to report major milestones as it crosses them, which should offer the market some insight into its growth. The streamer says it'll continue to provide a breakout of revenue by region each quarter.
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