Netflix Plunges on Subscriber Growth Miss

Netflix experienced significant growth during the early pandemic due to the COVID pull forward effect, but growth has since slowed. Production delays in key markets like North America and Asia have impacted new content availability. Despite these challenges, Netflix's financials remain strong, with revenue growth and positive cash flow projections. The company faces competition from Disney Plus and others but maintains that pricing and competition are not major factors in slowing growth.

What was one of the main reasons for Netflix's slowdown in new user growth during the first quarter?

• Halted productions in key markets

• Increased competition from other streaming services

• Rising subscription costs

• Technical issues with the platform

How did the 'stay-at-home' stocks react as the COVID-19 boost faded?

• They remained stable

• They continued to grow rapidly

• They experienced a minor increase

• They started to decline

What financial milestone does Netflix expect to achieve this year?

• Double its revenue

• Break even on cash

• Surpass Disney Plus in subscribers

• Launch a new streaming service

Which competitor was mentioned as having taken off in several markets during the quarter?

• Disney Plus

• Hulu

• Apple TV+

• Amazon Prime Video

How does Netflix justify its higher pricing compared to competitors?

• By offering more promotional prices

• By highlighting its superior content library

• By emphasizing long-term pricing stability

• By providing exclusive live events