Not even Cobra Kai can cancel Netflix’s current drought

Netflix was quite confident in its ability to recover from its recent troubles during the second quarter 2022 earnings report.

Despite its financial woes, sizable subscriber losses, and show cancellations, the streaming giant was bullish about its prospects of reversing its fortunes. In the two months since its last quarterly earnings call, however, Netflix hasn’t shown any major signs of having gotten through its worst of problems.

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