Pivot
Netflix’s Subscriber Surge, Tesla Earnings, and Guest James Bennet
Jan 26, 2024
James Bennet, a columnist for The Economist and former editorial page editor of The New York Times, joins to discuss his thought-provoking essay on media integrity. The conversation dives into Netflix's impressive surge in subscribers and Tesla's struggles with sales amid fierce competition. Also on the table are insights into the current electoral landscape and the shifting dynamics of storytelling in pop culture. Bennet emphasizes the importance of diverse opinions in journalism while reflecting on how these issues affect public discourse.
01:11:20
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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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