It was a clear sign that Neumann wasn’t willing to pass up a chance to work at Netflix, this era’s preeminent high-flying, money-burning media company. And as Netflix’s public profile has climbed, so have its losses. This is where the company has a lot to learn from Disney and Activision, Neumann’s former employers. This might seem like an appealing tactic for a new CFO, but I’d argue the levers here are partly out of Netflix’s control. If you take for granted, as Netflix does, that it wants to be a once-in-a-generation global media company, then you need to work backwards from there.

Source: Mint January 04, 2019 18:11 UTC