Netflixhas found itself with cash to spend thanks to the writers and actors strike.
This comes after it generated $1.3B in its second quarter, compared with a breakeven a year ago.
There was little content news in Netflixs earning statements, but the company did trumpet its revamped viewing figures.
WednesdayNetflix
In June, it made somebig changes to the way it reports streaming viewership.
We think this new approach is more intuitive and it also adjusts for runtime (i.e.
longer films or series dont get an inherent advantage).
