Netflix Reports Blowout Q1 Results & Sub Adds, But Warns Gains Will Slow, Will End Reporting Of Quarterly Subs; Stock Slides
Related Articles
-
Netflix Will No Longer Report Subscriber Numbers Beginning In 2025
Netflix makes a big announcement. In reporting its first quarter earnings for 2024, Netflix announced that they will stop reporting subscriber numbers starting in 2025. Netflix will announce "major subscriber milestones" as they happen, but won't disclose quarterly subscriber numbers. “As we’ve noted in previous letters, we’re focused on revenue and operating margin as our primary financial metrics — and engagement (i.e. time spent) as our best proxy for customer satisfaction. In our early...
-
Microsoft and OpenAI will reportedly avoid a merger probe by the EU
The European Union will reportedly not launch a formal investigation into the relationship between Microsoft and OpenAI because it feels Microsoft's dealings with OpenAI is not considered a takeover
-
Turkey will support Mark Rutte as next NATO leader: Report
Turkey will likely announce support for Dutch Prime Minister Mark Rutte’s bid to take over as the next NATO secretary-general. Rutte is expected to visit Turkish President Recep Tayyip Erdogan on Friday, although the trip is not on Rutte’s public agenda.Erdogan is expected to make the decision over the course of the meeting or soon after, sources close to the Turkish leader told Bloomberg. It could be announced within a few weeks, the news agency reported.