2024-01-28 07:48:00
The impressive numbers that Netflix presented in the report stunned most experts in the field who assumed that the company’s peak days were over, perhaps due to the fact that among the five influential technology giants it has the lowest value. Despite this, market analysts believe that by 2025, Netflix will be able to catch up with Meta and even overtake it.
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Netflix shattered the predictions and proved that the presence of giants such as Disney, Warner Bros. Discovery, Paramount Global and Amazon in the streaming market, did not hurt it but only strengthened it. Admittedly, it had to increase its expenses on creating new content and lower subscription fees, but the company ended the year with impressive profits.
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