Heard on the Street: Netflix certainly knows how to tell a good story, but investors are becoming a more discerning audience
Netflix certainly knows how to tell a good story, but investors are becoming a more discerning audience.
In a filing late Monday, Netflix broke out more details about its international markets. The data confirmed that most of the company’s subscriber growth—and a growing portion of its revenue—is coming from non-U.S. markets, where competition is less intense. Paid subscribers for the combined markets of Europe, the Middle East, Africa and Latin America tipped past the U.S.-Canadian total earlier this year. Morgan Stanley’s...
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