The Town with Matthew Belloni cover image

Netflix Is Back, Baby!

The Town with Matthew Belloni

00:00

Is Netflix Turning a Corner?

Wall Street's really great at projecting out whatever the latest data point is, right? And so when all of a sudden you start losing subs, the immediate knee jerk reaction in the XL model is you're going to keep losing subs forever more. I think the momentum has shifted and if the market is any judge, it's up 30% in the past five days. So where are we? Is Netflix, have they turned a corner here or did they never really go away?

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