Netflix CFO Comments Alarm Investors
The Bank of America media conference was held today. And for those unaware it was happening, comments from Netflix’s chief financial officer (CFO) Spencer Neumann certainly put it on their radars. 👀
At the core of his message was that the Hollywood strikes are bad for business, and the company’s primary focus is getting back to work. For now, it’s managing through the headwind, but the strikes need to move forward for Netflix’s (and the entire media industry’s) business to move forward. 👎