The near term challenge (and medium term opportunity) is that Netflix is scaling faster than its ability to monetize the growing ad inventory.
Month: August 2024
Netflix targets $17 billion in content spend this year; India top 3 market in revenue growth in Q2
India was Netflix’s number 2 and 3 country in terms of paid net adds and percent of revenue growth in the second quarter.
Meta Q2 results: Facebook-parent’s ad revenue rose 22%; Threads set to hit 200 mn MAUs
“We had a strong quarter, and Meta AI is on track to be the most used AI assistant in the world by the end of the year,” said Mark Zuckerberg, Meta founder and CEO.