Screentime
For Netflix, a Poorer Consumer Isn’t Necessarily Bad
- More people staying home would boost streaming viewership
- Weakening economy leads rivals to cut back, easing competition
This article is for subscribers only.
For Netflix Inc., a mild deterioration in the consumer economy is a potential blessing in disguise.
To start with, the less money people have, the more likely they are to stay home, where movie-streaming became such a popular form of entertainment during the pandemic.