Netflix paints a happy face on growing threat of US competition

Netflix paints a happy face on growing threat of US competition

CEO Of Netflix, Reed Hastings, attends the red carpet during the Netflix presentation party at the Invernadero del Palacio de Cristal de la Arganzuela on April 4, 2019 in Madrid, Spain.
Juan Naharro Gimenez | Getty Images

Netflix downplayed concerns about competition in its Q4 2019 earnings report, but subscriber numbers don’t lie.
Netflix noted that “despite the big debut of Disney+ and the…

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