- Netflix is expected to release a disappointing earnings report following slow subscriber growth and a 23 per cent drop in its stock price in 2026.
- The streaming giant recently sacked its chief content officer, the chairman of Netflix Film, and 1,000 staff members across tech, legal, product, and HR departments.
- Co-chief executive Ted Sarandos reportedly warned that recent releases lack the punch of previous hit series such as Stranger Things, Wednesday, and Squid Game.
- Long gaps between seasons have severely harmed viewership, with Wednesday losing 59 per cent of its audience following a gap of nearly three years between seasons.
- Analysts at Morgan Stanley suggest Netflix is fighting harder to remain relevant amid stagnant viewing hours and a lack of new major English-language hits.
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