Is Netflix Losing Money 2024 News. The world’s largest traditional entertainment companies face a reckoning in 2024 after losing more than $5bn in the past year from the streaming services they built to compete with netflix. The streaming giant said in its earnings report on tuesday that it lost nearly one million subscribers in the second quarter.
But the question of whether netflix’s dominance can carry into 2024 remains. Several factors fuel analysts’ high expectations for netflix’s revenue and earnings on thursday, including its crackdown on password sharing, its strong content.
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