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Essayist James Bennet joins Kara and Scott to discuss his recent essay, 'When The New York Times Lost Its Way'. They also cover topics such as Netflix's surge in subscribers, Tesla's earnings, and Microsoft hitting three trillion in market cap.
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Quick takeaways
- Netflix's impressive growth is attributed to its vast content library and loyal subscribers.
- Journalists should actively seek out diverse viewpoints to foster meaningful debates and avoid being trapped in a bubble.
Deep dives
Netflix's Strong Q4 Performance: Record Subscribers and Revenue
Netflix added 13 million new subscribers in Q4, bringing the total paid subscribers to over 260 million, a new record for the service. Revenue in Q4 grew 12% year over year to $8.83 billion. This strong performance is credited to their vast content library and the loyalty of their subscribers. Additionally, Netflix announced a $5 billion deal with WWE to stream their flagship wrestling show. The company continues to dominate the streaming industry with its impressive growth and financial success.
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