Netflix CEO suddenly quits



Turn it turns our Netflix is changing its business model quite a bit. Netflix just released its earnings numbers and they weren’t so great.

However, Netflix was able to exceed expectations on the number of new subscribers and they also announced that Reed Hastings will no longer be the CEO.

In addition to that Netflix says that the company will no longer focus on subscriber growth as the primary metric up economic success, and will instead focus on revenue as the top one metric.

I think the Netflix making all the right moves which is why I am very happy to be an owner in Netflix stock

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