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Gary's avatar
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Netflix average revenue per membership is the weak spot
Also weird: the cheaper, ad-supported plan and crackdown on password sharing were supposed to drive growth for the streaming giant. There was few details on both of those in the earnings call.

Revenue per membership was weak because $NFLX didn't increase prices. The least expensive, no-ads plan got removed this week.

Advertising is not expected to be a big revenue contributor this year.
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$10.1MFollowers
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