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Writer's pictureBr0boken

Netflix Buying Aussie Studio That Made 'Happy Feet' and 'Lego' Movies...


After reporting during earnings that Netflix lost over 970,000 subscribers, but still somehow overperformed is astonishing to me. Maybe I just don't get this whole "business" thing that we are in... losing customer usually leads to loss in revenue.


It will be interesting how this plays out though given the timing of it all with this coming out right after reportings... will this help NFLX stock at all?

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