Overview

• Netflix's decision mirrors a trend among tech giants like Apple, focusing on financial metrics over subscriber counts.
• Shares dropped following the announcement, reflecting investor uncertainty about the absence of subscriber data.
• Analysts remain optimistic, citing strong fundamentals and potential in advertising and global markets.
• The move is part of a broader shift as Netflix evolves its business model, including ad-supported tiers and variable pricing.
• Despite the change, Netflix continues to see substantial growth, with significant subscriber additions in the first quarter of 2024.