Why Disney's Bob Iger called Netflix 'the gold standard' in streaming [Yahoo! Finance]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
"Obviously, we're heartened by the results that Netflix has delivered in their password-sharing initiative and believe that it will be one of the contributors to growth," the executive said during the media giant's second quarter earnings call. He noted that Netflix was "in many respects, the gold standard when it comes to streaming." "What we're building is the technology that Netflix has had in place and has been building for well over a decade to improve the business from a bottom-line perspective," he added. "That starts with password sharing." Netflix ( NFLX began implementing its password-sharing crackdown for US subscribers in May after first announcing the initiative in October 2022. It's a classic tale of follow-the-leader as Netflix remains the only consistently profitable streaming service and others in the industry attempt to catch up. Warner Bros. Discovery's ( WBD ) Max streaming service will also begin to restrict password sharers later this year, with a wider
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NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 144
- 5/6/24 - Form 4
- NFLX's page on the SEC website