Netflix Reportedly Cutting Spending by $300 Million; Becomes Latest Streamer Forced to Pull Back
Posted: Fri May 12, 2023 2:58 pm
Netflix is in an enviable position in the streaming marketplace.
It is the only major subscription video-on-demand service that consistently records a profit, and — according to Nielsen — it is currently the home to seven of the top 10 streaming shows, seven of the top 10 original streaming series, six of the top 10 acquired shows on streaming, and seven of the top 10 movies on a streaming platform. Not bad for... Continue reading to learn more
It is the only major subscription video-on-demand service that consistently records a profit, and — according to Nielsen — it is currently the home to seven of the top 10 streaming shows, seven of the top 10 original streaming series, six of the top 10 acquired shows on streaming, and seven of the top 10 movies on a streaming platform. Not bad for... Continue reading to learn more
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