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»Reed Hastings

Ad-free and sticking with it
Netflix Talks Disney Competition And Why Ads Ain’t Gonna Happen

Despite falling short of earnings-per-share estimates in Q4 2020, Netflix’s stock popped Tuesday after beating on revenue and the news that it’s nearing free cash flow profitability. Netflix also reached a new milestone in 2020 with the addition of 37 million net new subscribers. Netflix now has more than 200 million subs worldwide. But Netflix... Continue reading »
by Allison Schiff // January 20th, 2021 //
»
Ad-free and sticking with it
Reed Hastings Explains Why Netflix Won’t Ever Sell Ads

Seriously, folks, Netflix has no intention of monetizing with ads, ever. Netflix CEO Reed Hastings even referred to advertising as a form of exploitation on the company’s full year 2019 earnings call on Tuesday. “We want to be the safe respite where you can explore, you can get stimulated, have fun and enjoy – and... Continue reading »
by Allison Schiff // January 21st, 2020 //
»
 

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