Bloomberg Businessweek Weekend - January 26th, 2024
Bloomberg Businessweek
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Netflix's Strong Performance and Market Expansion
This chapter analyzes Netflix's recent earnings report and highlights its strong performance, focusing on high-margin subscriber growth and expanding operating profits. The chapter also discusses Netflix's strategy, including the increase in new subscribers through a cheaper ad-supported tier and the addition of gaming to their service. Overall, the chapter expresses optimism about Netflix's future and mentions a higher price target for its stock.
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