Will the reign of Netflix end

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sujonkumar30
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Joined: Wed Jan 26, 2022 9:10 am

Will the reign of Netflix end

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Netflix is the platform that brings together a higher consumer email list percentage of subscriber share, but it is not going through its best moment. The company is experiencing a slowdown in consumer email list the growth of its subscriptions , mainly due to the rise of its competitors. Now comes the question of whether the company is consumer email list close to reaching its peak or if it still has some way to go to continue increasing its penetration.

Those are some of the conclusions that are drawn consumer email list from the results of the fourth quarter that Netflix has presented. Shares in the company plunged more than 20% in after-hours trading in official markets, to the lowest levels since June 2020. However, the firm has stressed that it has added 8.3 million new users in the last quarter consumer email list of the year. This means that it has reached 221.8 million, which is below the 8.5 that the Los Gatos, California-based company consumer email list had forecast. However, Wall Street analysts opted more for the first option and not so much for the second proposal.

From Not everything is bad, since the audiovisual consumer email list giant closed 2021 with net profits of 5,116 million dollars (4,512 million euros), a figure that practically doubles that obtained in the consumer email list previous year. Netflix forecasts for 2022 On the other hand, the company assures that it expects to add 2.5 million subscribers consumer email list during the first quarter of 2022, below the 3.98 million it added in the first quarter of 2021.
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