Netflix reportedly cutting $300 million in spending to improve profitability

Netflix reportedly cutting $300 million in spending to improve profitability

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Publish Date:
14 May, 2023
Category:
CNBC
Video License
Standard License
Imported From:
Youtube

A new Wall Street Journal report says Netflix is planning to cut spending by $300 million in 2023 in order to boost profitability. CNBC's Alex Sherman and Robbie Whelan, Wall Street Journal reporter, join 'Last Call' to discuss the report and what it says about the state of the streaming space.

By: CNBC Television
Title: Netflix reportedly cutting $300 million in spending to improve profitability
Sourced From: www.youtube.com/watch?v=ro5u1YrPUsI


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