It seems like even the streaming giant is feeling a bit of a slump lately. Netflix co-CEO Ted Sarandos recently shared some honest thoughts about the company’s current performance, and it’s clear they aren’t exactly where they want to be right now.
- Sarandos openly admitted that the platform’s growth has slowed down significantly.
- He noted that viewership numbers haven’t hit the targets the team was hoping for.
- Specifically, global viewership has only seen a modest increase of about 2% recently.
While Netflix remains a powerhouse, these numbers serve as a reminder that even the biggest players face challenges in today’s competitive market.