Heard on the Street Recap: Netflix Pivots
Netflix was a case in point: The company has added more than 31 million subscribers over the past three quarters since it started its crackdown on freeloaders. But now Netflix doesn't want investors to pay attention to its subscriber data anymore. Netflix has been trying to get investors to focus less on subscriber growth for a while now—and not without some justification, writes Heard on the Street columnist Dan Gallagher. It is also—according to Netflix—a better way to measure the performance of its business.
