Good news: Netflix only lost just under 1 million subscribers…! (Wait, what?)
Netflix celebrate with a smaller loss than they said they would have. How’s that for managing expectations? Also in the newsletter: Inside the Game of Thrones spin-off development. AND: The bad stench of the Snyder Cut.
![Good news: Netflix only lost just under 1 million subscribers…! (Wait, what?) Good news: Netflix only lost just under 1 million subscribers…! (Wait, what?)](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffdab865b-2768-4edc-8184-a7175fa303c0_1000x556.jpeg)
It was a bad news/good news kind of day for Netflix as it reported its quarterly earnings. If, back in April, the streamer had reported a loss of just under a million subscribers, there would have been the same freak-out we witnessed where the company lost 70% of its share value after reporting a subscriber loss for the first time. But today, after proj…