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Netflix Added 5.1 Million Subscribers; Can We Talk About What Matters?
NFLXNetflix(NFLX) Forbes·2024-10-18 09:37

(Photo by Chesnot/Getty Images)Getty ImagesNetflix, which has seen share prices rocket back to pandemic-era heights over the past few months, reported another 5.1 million subscribers today, puffing up its global customer base to nearly 283 million. That keeps it easily as the biggest streaming service on the planet. But so what?Yes, the number topped Wall Street analyst estimates by 1 million new subscribers, along with beats on top- and bottom-line earnings. And yes, it represents a 42-percent decline in s ...