Netflix Cancellations 2024 Trends And Challenges. Netflix may have had an optimistic start to the year, but it still faces a series of threats and opportunities abroad if it wants to maintain its worldwide dominance. In the first quarter of 2024, netflix reported revenue of $9.4 billion, and $2.3 billion in net income.
There are big changes coming to netflix in 2024 and beyond that will affect everything from what types of movies the company releases to ceo compensation. Although netflix does face vast amounts of challenges that they will have to overcome, and one of these is fast growing competition from other streaming companies such as disney + and amazon.