Netflix To Stop Reporting Quarterly Subscriber Numbers In 2025, A Major Shift [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
In a letter to shareholders along with first-quarter earnings, the company said it's now focused on other metrics and that memberships “are just one component of our growth.” “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 days, when we had little revenue or profit, membership growth was a strong indicator of our future potential. But now we're generating very substantial profit and free cash flow (FCF). We are also developing new revenue streams like advertising and our extra member feature, so memberships are just one component of our growth,” the letter said. More from Deadline 'The Witcher' Renewed For 5th & Final Season At Netflix Dallas Cowboys Cheerleaders Series Moves To Netflix 2024 Premiere Dates For New & Returning Series On Broadcast, Cable & Streaming “In addition, as we've evolved our pricing and plan
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