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The Wall Street Publication > Blog > Tech > Netflix, Facing Reality Check, Vows to Curb its Profligate Ways
Tech

Netflix, Facing Reality Check, Vows to Curb its Profligate Ways

Editorial Board Published April 21, 2022
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Netflix, Facing Reality Check, Vows to Curb its Profligate Ways
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For Netflix the era of carefree spending is over.

The streaming giant ran up a huge bill over the past several years as it expanded across the globe and produced a mountain of programming, prioritizing growth over cost efficiency. Now the company is imposing more financial discipline, according to senior executives.

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