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Originally Posted by muppetman11
Things seems to be getting a little more difficult for them , on one hand they need to keep spending more and more on content but that comes at a substantial cost. With new subscribers being harder and harder to attract with the increased competition where do they go after clamping down on password sharing and introducing a cheaper ad tier ?
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Well, their shares seem to have fallen out of favour more quickly than Rishi Sunak.
They are down today by nearly 40%, a $60bn drop in the company's value!