Netflix meltdown a warning to the whole streaming industry - The Australian Financial Review
4/20/2022 12:00:00 AM3 years 10 months ago
by Alex Barker, Anna Nicolaou
by Alex Barker, Anna Nicolaou
The company’s share price crash is worrying for the biggest US media groups, which have earmarked more than $US100 billion for content this year alone.
But perhaps the clearest about-turn was on advertising. Having always defended Netflix as an advertising-free zone that allows viewers to relax without being exploited, Hastings flung open the doors … [+5920 chars]
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