As Netflix subscribers leave the service in droves, an old Blockbuster tweet has come back to haunt the streaming giant.
Netflix in recent days also implemented layoffs across its marketing efforts, including at the company’s in-houseJason Bateman as Marty Byrde in Season 4 Part 2 Episode 3 of “Ozark.” Image source: Netflix
All of this explains why the streamer’s stock lost a significant chunk of its value in recent days. The kind of thing that forces a company to pull back on spending, whether it wants to or not. The question is whether all of these trends are representative of something transitory at Netflix. Or whether the departure, for example, of so many Netflix subscribers is indicative of the company abruptly hitting a peak. For now, all of the bad news is probably temporary, especially given some monster Netflix original releases coming up, like a new season ofMaybe we can just call this Netflix’s “memento mori” moment.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Doctor Strange 2’ Review: Sam Raimi Is BackAn old Marvel favorite makes a welcome return to blockbusters.
Read more »
One seat, multiple representatives? A novel political idea takes off in Brazil.A growing number of political collectives in Brazil put one member’s name on the ballot but campaign—and serve their constituents—as a group
Read more »
Twitter Circle is in testing for the tweets you’d rather keep to 'select people'Twitter’s testing its version of Instagram Close Friends.
Read more »
Trucker Convoy Says It’s Headed Back to DC - Washingtonian'When we left, you guys laughed at us,' says a prominent People's Convoy member. So they're coming back.
Read more »
Christie denies McCarthy 'lies,' says voters don't care in tense interview'This is the rearview mirror stuff that the American people don't care about when they're paying $5 a gallon for gas,' the former governor said Sunday.
Read more »