Netflix just hit 300M subscribers - here's why smart money doubled down
Key Points
- Netflix has surpassed 300 million subscribers, with a 15.9% ...
Netflix has officially crossed the 300 million subscriber milestone, which is roughly equivalent to every person in the United States deciding they absolutely need to rewatch The Office for the seventh time. Meanwhile, the company's revenue jumped 15.9% year-over-year in Q2, proving that our collective addiction to binge-watching is not just a personal problem—it's a profitable one.
When Institutional Money Says "One More Episode"
Prudential PLC recently bumped up their Netflix stake by 19.2% in Q1, because apparently even insurance companies can't resist a good cliffhanger. They're not ...
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