Netflix vows to revive viewership trends, but investors hit ‘sell’ on the stock
Summary
Netflix acknowledged investor concern about slowing view-hour growth and pointed to intense competition in streaming. The company said it plans to revive its viewing trends, but investors responded by selling the stock.
Netflix is confronting a growth problem that cannot be solved by subscriber gains alone if
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The market is shifting its focus from Netflix's scale to whether it can keep audiences engaged.