you are viewing a single comment's thread
view the rest of the comments
[–] 5 points 3 years ago (2 children)

They lost subs in areas with the password crackdown and picked up subs in lower cost areas. They earned less.

  • source
  • hideshow 4 child comments
  • [–] [S] 7 points 3 years ago* (last edited 3 years ago) (1 child)

    Not what the article states:

    According to Netflix, revenue is up in every region where paid sharing was introduced, and sign-ups have exceeded cancelations. The company saw revenue growth of 2.7 percent year over year.

    Edit: I think you‘re right about them loosing subs in areas of the crackdown and winning even more in new areas. It’s not 100% clear in this article (but apparently more so in Reuters‘).

  • source
  • parent
  • hideshow 2 child comments
  • [+] 1 point 3 years ago* (last edited 2 years ago) (2 children)
  • [–] [S] 4 points 3 years ago* (last edited 3 years ago) (1 child)

    Also not true, the msn article states they didn’t loose money, they just didn’t "win" as much as shareholders were hoping for. Quoting from your link:

    Quarterly revenue climbed 2.7% from a year earlier to $8.2 billion, shy of analyst forecasts of $8.3 billion.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 4 points 3 years ago (1 child)

    No, they did not. They continued to grow. They’re a publicly traded company and all of the details were just reported out.

  • source
  • parent
  • hideshow 2 child comments