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In response to
"Variety - How the Market Crash Is Forcing Hollywood Giants to Reassess Digital Strategies -- (link)"
by
LMS
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This quote is laughably wrong.
Posted by
Mop (aka rburriel)
May 24 '22, 07:15
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"Wall Street is not rewarding subscriber growth anymore,” says Liska Schmitz, managing director and partner at consulting firm BCG. “Investors are looking more at profitability.”
If tbat were true, Netflix stock wouldn't have plummeted (they made profit but lost subscribers). Disney stock would have crashed (they beat subscriber growth by a mile but didn't meet revenue estimates).
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Responses:
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