this post was submitted on 10 Aug 2023
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The market is so short sited. Sure, Netflix saw a bump in subscribers last quarter, but what were the cancellation numbers in the same quarter? I never got to see that info. I'm sure there's more than a handful of people that didn't mind spending $10 to finish the series they were binging, just to cancel the subscription shortly after. If you have more subscribers and more cancellations, does it really matter?
All that matters is how you frame your situation to your investors.