August 18, 2022

News of the Trade

Latest trading, investing, and financial news

A look at Netflix scrambling to build an ad business and revive its subscriber growth; sources: Reed Hastings expects Netflix could charge ~$80 per 1,000 views (Wall Street Journal)

Wall Street Journal:
A look at Netflix scrambling to build an ad business and revive its subscriber growth; sources: Reed Hastings expects Netflix could charge ~$80 per 1,000 views  —  Reed Hastings insisted on focusing on subscriptions until competitors started nibbling away at his business model