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tradekink
#NetflixQ3AdsAndMargins I think $NFLX the iconic company is in a tough spot.
The slower growth comments from their Co-CEO this week will be blamed on a shift to live programming.
I don't think that's the actual issue. Live programming does contribute lower watch hours per dollar of content spend… but it also over-indexes in terms of generating new engaged members… which should greatly offset the headwind.
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