Being the “Netflix Of Wine” Is Still Worth Shooting For

Wine clubs are about average in retaining customers, but Netflix still sets the bar.

The greatly overwrought “Netflix subscriber meltdown” came after the company UNsubscribed 800,000+ Russian subscribers. And yet, that act resulted in a tiny 0.1 percent decline. The stock melted down even though NFLX would have had a subscriber increase if not for Putin’s Ukrainian invasion.

Netflix Management statement to shareholders who panicked anyway. (PDF)

Disclosure: Wine Industry Insight Publisher Lewis Perdue does NOT own any NFLX stock or other securities, or holdings in any other streaming company.