In a letter to shareholders, Netflix says that it is to stop reporting quarterly membership numbers. The company will, mostly, keep details about subscriber numbers to itself from Q1 2025, it announced. Although Netflix will instead start to report the amount of time users spend on its platform as well as information about revenue growth, the company says that it will still share “major subscriber milestones as we cross them”. In its shareholder letter, Netflix also boasts that it is generating very substantial profit and free cash flow. See also: The change comes, Netflix says, for various reasons. One of… [Continue Reading]
