The chapter discusses Netflix's transition from a high growth low profit company to a lower growth, immensely profitable one, emphasizing the importance of focusing on revenue over user growth. Key revenue-driving strategies such as introducing an ad tier and cracking down on password sharing are highlighted, along with potential price adjustments to boost revenue in saturated markets. The conversation also touches on the challenges and risks Netflix faces, including its lack of engagement with the analyst community and perceived arrogance.
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Michael Pachter, Entertainment Analyst at Wedbush Securities, discusses Netflix pivoting from a high-growth, low-profit business to a slow-growth, high-profit business. Bloomberg News Federal Reserve Reporter Catarina Saraiva talks about the Fed resetting the clock on rate cuts and questioning if rates are high enough. Bloomberg News Senior Editor Dimitra Kessenides and Francisco Veloso, Dean of INSEAD Business School, share their thoughts on the future of B-Schools. And we Drive to the Close with Janet Rilling, Head of the Plus Fixed Income Team at Allspring Global Investments.
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