Netflix is initiating more financial discipline as subscriber growth stagnates.
The company is targeting more costs cuts. Remember that Netflix has also plans to start an ad-supported subscription plan on November 1 to try and bump up falling subscribers. This plan was brought forward from 2023.
However, will a reduction in consumer disposable income ultimately cause Netflix to fail with their plans?
Are there further falls ahead?
This potential for more falls is noticeable in the seasonal outlook for Netflix.
Major Trade Risks:
The major risk here is that fed manage a ‘soft’ landing or Netflix’s ad supported service boosts users
Remember, don’t just trade it. Seasonax it!