9 months ago • 5:12 mins
Netflix’s subscriber growth was bound to slow after it added a heap of users in 2020, but the streaming giant actually lost viewers for the first time in a decade last quarter. That led the percentage of analyst buy ratings on the firm’s stock to plummet to an eight-year low, and Bill Ackman’s Pershing Square to sell the more than $1 billion stake it amassed just a few months ago. But with Netflix’s share price now down over 60% this year, their skepticism might be your window of opportunity…
1. Password sharing
Netflix estimates that in addition to its 222 million paying subscribers, there are more than 100 million people using the service without paying for it. The company is now exploring ways to monetize those viewers
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