Re:Poll: Which FAANG is the most likely to decline in the ye...
by irrational on Monday January 03, 2022 @05:19PM
(#29787779)
Netflix only has about 200 million subscribers. That is astonishingly small (IMHO). Though, I'm not a subscriber, so it probably shouldn't surprise me, but it still does.
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Re:Poll: Which FAANG is the most likely to decline in the ye...
by TrackerFF on Monday January 03, 2022 @05:29PM
(#29787895)
I don't know, that's about 2.5% of the worlds population. All paid subscribers. Haven't checked out their financials, but are they making money yet?
Re:Poll: Which FAANG is the most likely to decline in the ye...
by BbzzbB on Monday January 03, 2022 @10:19PM
(#29790879)
Yet, in the US, they make less per paid subscriber than Facebook does per free user. There's also 3 to 4 times the amount of said free users as there are of those paid users.
Netflix's first free-cash-flow positive year was 2020. A measly $2B, less than 10% of Facebook's (the least cash flowing FAAMG).
Netflix is a big company, but not in the same league as FAAMG.
Re:Poll: Which FAANG is the most likely to decline in the ye...
by skylanh on Tuesday January 04, 2022 @01:42AM
(#29792084)
https://ir.netflix.net/financials/sec-filings/sec-filings-de...
Consolidated statement of net income for each year (page 22 of the PDF):
2020: ~$2.7b on 200m members
2019: ~$1.8b on 167m members
2018: ~$1.2b on 139m members
2017: ~$0.5b on 110m members
2016: ~$0.2b on 89m members