Business
The message for media in Netflix’s ‘wobbly’ result – Sydney Morning Herald
It’s not just Wall Street that should be rattled by tepid figures from the world’s pre-eminent streaming service.
Its the kind of news Bridgertons gossip writer Lady Whistledown might spread across town (if she was an investor): one of the worlds most talked about companies has suffered a nasty fall.
Netflix shares tanked 11 per cent on Wednesday morning (Australian time) in after hours trading as investors digested a weak set of quarterly results and an underwhelming outlook. But its not just Wall Street that should be rattled by tepid figures from the worlds pre-eminent streaming video platform.
Netflix…
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