NETFLIX's 27% overnight stock drop explained, and why an Ad-supported version is on the way
NETFLIX growth train stalls
SUBSCRIBERS: Now at 221.6 Million global, that’s down 200k from Jan.
Their RUSSIA exit dropped 700k subs, otherwise Q1 would have been +500k, so call that what you will. But - as they were projecting to add at least 2.5 Million Q1 subscribers…
AND they are projecting to lose 2 Million …