From CNBC: 2024-04-18 18:29:05

Netflix has announced a major change, revealing it will no longer report quarterly membership numbers and average revenue per membership starting in 2025. The company wants investors to focus on metrics like revenue, free cash flow, and time spent on Netflix, indicating a shift towards profitability over subscriber growth. Despite gains in revenue and operating income, Netflix’s stock fell 4% due to a weaker full-year revenue outlook. Other media companies may follow suit in limiting subscriber number disclosures to emphasize financial health over user growth.



Read more at CNBC: What subscriber reporting change means