Netflix is still the only profitable streaming company: Analyst
Jamie Lumley, senior analyst at Third Bridge, joins BNN Bloomberg to discuss Netflix ahead if the streaming giant's third-quarter earnings report. He says with the crackdown on password sharing continuing in Q3, the cheapest ad-free tier being cut, and the actors' strike remaining well in effect, there are a number of factors that will have influenced Netflix’s subscriber count. Lumley adds that profitability remains a major priority for all of the streaming companies.