How will Netflix respond to the horror movie of its latest results?
Billions of dollars were wiped off the company’s value after Wall Street took fright at the group’s stalling subscriber growth
Horrific. Worrying. Intriguing.
You may have seen the three-word bullet points that appear if you leave your TV on the Netflix menu page and it starts to cycle through a screensaver-style rotation of the shows it thinks you might like.
The above selection describes the drama created by the company’s results at the end of last week. More than $50bn went up in smoke when trading in the group’s shares opened and it served up a home-produced horror movie.
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