Netflix plans to stop giving quarterly membership data, which may signal a growth slowdown in the near future. The move has negatively impacted Wall Street's reaction to the company's report.
Key Points
Netflix's decision to stop quarterly membership data could signal a growth slowdown
Investors are concerned about the lack of transparency in Netflix's reporting
The move may shift focus towards advertising revenue for Netflix
Pros
Improved financial focus for Netflix
Opportunity for Netflix to pivot business model towards advertising revenue
Cons
Decreased visibility for analysts and investors
Negative impact on Wall Street's perception and stock value