Quote:
Originally Posted by Fire
Netflix made a mistake by making it too cheap when they first started. They are still losing money and with Disney+ and all the other competitors, they have very little chance of ever making money. They need to raise the monthly cost to $20+ but seeing how people whine when they increase their prices by a whole $1 a month it would be a tough thing to do. Making quality content isn't cheap, but are viewers willing to pay for it?
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Where do you get that they are losing money. Balance sheet shows steady growth, profit reporting is generally over a quarter billion a quarter.
Last edited by gasman; 08-22-2019 at 07:26 AM.
Reason: Half a billion was too generous, but quarterly earnings tend to be around quarter billion
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