NETFLIX's 27% stock drop explained as Ad-supported version on the way

Damon & Affleck doing NIKE Air Jordan pic at AMAZON / CNN+ freezes marketing spend / Ezra Miller arrested again

Mornin! This is Sean McNulty and here’s the Hollywood + Media news to know on WEDNESDAY April 20, 2022 😶‍🌫️.

Where any quarterly letter to shareholders that has the term “revenue growth headwinds” in the 3rd sentence isn’t a good look 😳. A breakdown on NETFLIX’s new post-Covid business realities is down in THE MEDIA BIZ.

Also not having a good look i…