Netflix Business Is In a Bad Spot πŸ“ΊπŸ“‰

Netflix has been telling employees to cut back on spending amid the company’s declining stock price and weak subscriber numbers. As the streaming wars have heated up and a plethora of competitors have jostled for positioning in a crowded landscape, one thing has become clear: Netflix’s linear streaming model can not demand the platform multiples it has historically seen. While still very valuable, I think Netflix will continue to struggle to meet expectations of it being a “high flying tech stock”.

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