Netflix, in a subdued earnings release, notes that 100 million accounts are being shared, and it's going to have to get that money back.
Netflix today released its earnings for the first quarter of 2022. And they’re not great. By which, we mean, they’re relatively stagnant, with revenue up to $7.868 billion, a 9.8% increase year over year.
For its part, Netflix says that “our plan is to reaccelerate our viewing and revenue growth by continuing to improve all aspects of Netflix — in particular the quality of our programming and recommendations, which is what our members value most.”
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