The news marked a reversal from the previous two quarters when Netflix saw stunning declines in subscriber growth.
As an executive at a rival streaming company told CNN on Tuesday, the shift in narrative is “a complete 180” for Netflix, which for years has intensely focused on subscriber growth.
Discovery, one of the competitors Netflix is clearly jabbing.)
“In other words,” CNBC’s Alex Sherman translated in his story, “Netflix is saying it has built a great streaming business, while Disney, Warner Bros.
Discovery, Comcast’s NBCUniversal, Paramount Global, and others want to build a great streaming business.”