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Netflix to provide fewer engagement updates after earnings report
The company signaled investors should focus more on its ad supported business as it shares fewer engagement metrics.
Netflix reported earnings in line with expectations, according to CNBC, and said it plans to provide fewer engagement updates going forward.
The change means investors will likely concentrate more on developments tied to Netflix's ad supported offering, including how its engagement is tracked and communicated.
CNBC also noted that investors may look for updates on Netflix's ad business performance, while continuing to monitor the company's thinking around potential mergers and acquisitions.