Netflix is raising prices AGAIN across its ad supported, Standard, and Premium plans, a little over a year after its last price hike. Extra member fees are going up too, even though there are still no updates to plan features or streaming limits
The profit metric they look at isn’t profit itself, but actually year-over-year profit increases.
That’s the imaginary money line that tells shareholders and execs how much the actual money line has gone up since last year. When a big company says they’re operating “in the red”, they’re still making ungodly amounts of profit - just not as much as last year.
The profit metric they look at isn’t profit itself, but actually year-over-year profit increases.
That’s the imaginary money line that tells shareholders and execs how much the actual money line has gone up since last year. When a big company says they’re operating “in the red”, they’re still making ungodly amounts of profit - just not as much as last year.