NasdaqGS:NFLXEntertainment
Italian Ruling Pressures Netflix Pricing Model And Investor Valuation View
Italian court rules Netflix's subscription price increases between 2017 and 2024 unlawful.
Decision orders refunds for affected customers in Italy and a rollback of the contested price changes.
Netflix, listed as NasdaqGS:NFLX, intends to appeal the ruling.
For investors following NasdaqGS:NFLX, this ruling lands in the middle of a long running shift toward subscription based media and recurring revenue models. Netflix operates a global streaming platform that competes with traditional TV...