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by devfromanatolia
1776 days ago
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Netflix has become an advertisement platform for certain companies/ideologies/people rather than a media streaming platform. Which is a problem because it has no like/comment functionality that can (theoretically) filter false/exaggerated advertisement. On the other hand, which media platform is actually not an advertisement platform? That's a whole another debate. |
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Netflix earned a net profit of $1,353 million in the second quarter of 2021, which is an 88% improvement over the result a year earlier.
Market cap is going to be > $200B.
When the tides of user preference change - they will change with them.