
How Netflix Lost the Squid Game

Aman Verjee
- Public Markets
NFLX now appears to have shifted from playing “at home” on technology against cable television and Blockbuster into a war over content and pricing against Disney and HBO, where they are definitely the “visitors.” Don’t expect a turnaround in the stock until they figure out monetization of freeloaders and ad-supported plans … all of which is still a long way off.