While the company added subscribers, it said average revenue per member fell 3% from a year earlier. That was partly because many of the new sign-ups came in countries where Netflix charges lower prices.
Yes, companies like to play around with which metrics to report on to paint it better than it actually is, but the numbers can not be made up. If they say new subscriptions, it had to be new subscriptions.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
⚓ A community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.
they are in their official quarterly report and not in some press release though aren’t they?
if they lie on that it could have some bad consequences
They also stated
https://www.reuters.com/technology/netflix-tops-wall-street-forecasts-with-password-limits-ad-option-2023-07-19/
Yeah, the people in this thread including (and specifically) the OP are worse than reddit at its worst in terms of confident ignorance.
They reported these numbers in their quarterly reports. A company that trades on a public stock exchange is required to release quarterly reports that accurately represent their business.
Yes, companies like to play around with which metrics to report on to paint it better than it actually is, but the numbers can not be made up. If they say new subscriptions, it had to be new subscriptions.