Netflix launches campaign emphasizing discovery of new stories
NFLX Netflix Inc
$64.52 +2.00%
View chart & analysis → - 1Netflix has launched a campaign to position itself as a streaming service for discovering new stories.
- 2Q3 Netflix revenue reached $12.9 billion, achieving a 12% year-over-year revenue growth rate.
- 3Netflix's previous annual advertising revenue forecast of $3 billion was lowered to a revised forecast of $2 billion.
So what's the key point?
Netflix started an advertising campaign to promote itself as a service for finding new stories. Third-quarter revenue was $12.9 billion, and the advertising revenue forecast was adjusted to $2.7 billion.
Source Marketing Dive · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.