Friday, July 1, 2022

Netflix execs say they plan no big programming changes; analysts for two banks say a cheaper ad-supported tier may cannibalize the higher-paying subscriber base (New York Times)

New York Times:
Netflix execs say they plan no big programming changes; analysts for two banks say a cheaper ad-supported tier may cannibalize the higher-paying subscriber base  —  Long Hollywood's leading innovator, the streaming service is staying the course, despite serious challenges to its business and questions about its content.



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...