You Won't Believe What This Streaming Executive Has in Mind
When Netflix (NASDAQ: NFLX) announced financial results last month, like always, the market fixated on one data point: subscriber growth of 4.4 million. This metric is clearly a key driver of success for the streaming juggernaut as more customers lead to more revenue.
But co-founder and co-CEO Reed Hastings pointed something out on the third-quarter earnings call that pulls the curtain back on how he and his leadership team are thinking about the company's future. It's a page out of a competitor's playbook, which is wonderful news for Netflix shareholders.
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Source Fool.com