How Netflix's Stock Tumble Could Impact Its Anime Offerings
If any story has recently been shaking up the world of entertainment business in recent days, it’s been the recent Netflix stock tumble. The considerable loss of value for the company has led to some major discussions regarding the future of the platform’s offerings, as well as starting more than a few conversations about the nature of streaming content going forward in general.
While the inner workings of a company’s finances can feel very distant from the content its users know and love, the changes brought about by these developments have already begun to play a role in the platform’s strategic restructuring for both live-action and animated content. By looking at the latest developments, there are some broad strokes that can paint a picture of what things might look like going forward for anime on Netflix.
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Earlier this month, a first-quarter earnings report for Netflix showed that the company had lost around 200,000 subscribers since the end of 2021. While this is a relatively small number in comparison to the company’s hundreds of millions of subscriptions, it was the first time that a concrete shrinkage was reported after years of meteoric growth—likely felt from the effects of economic recession and the wider variety of streaming options available now (HBO Max, Disney+) compared to five years ago. The “bubble” of Netflix’s stock (NFLX) has essentially burst, and the current valuation at around $200 USD has plunged quite a bit from its 1-year high of almost $700 last November.
The effects of this development have been felt throughout Netflix’s different content divisions, as well as its business strategy for attracting and maintaining subscribers. In the wake of the
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