June 17, 2024


Feel everything

Netflix Building More Games. But Does Anyone Even Want Them?

Netflix’s  (NFLX) – Get Netflix, Inc. Report is badly in need of a big win.

While many have suspected that its felt the pain of overpopulation in a streaming space it helped invent, Netflix’s recent earnings report holds the hard truth up in an unflinching light.

Losing 200,000 subscribers is bad enough, but forecasting a loss of two million by June 2022 is even worse.

Seeing the reality of it all caused many an investor to run for the hills, resulting in a concurrent stock dip that sent Netflix plummeting 35%.