Netflix Enters Middle Age. Brace for Speed Bumps. [Bloomberg]

Netflix Enters Middle Age. Brace for Speed Bumps. [Bloomberg]

By Lucas Shaw

July 26, 2021 | For the past decade, Netflix offered the same response every time it had a bad quarter: This is just a blip. In 2015, it blamed a transition to chip-based credit cards. In 2016, it was media coverage of a price increase. In 2018, it was poor forecasting. All of these shortfalls were temporary annoyances, it said, and none would stop its steady march towards global supremacy.

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