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From: lewis.perdue@wineindustryinsight.com

Subject: Reimers/Krasilsa Farms face $3.75M Sonoma County fine - Will New Penfolds Heal China-Australia rift? - USDA Raises 2022 Food Inflation Forecasts To Highest in 42 Years - The Metaverse and Your Wine Brands -- MAY 26, 2022 - WINE NEWS FETCH

Date: 2022-05-25 16:11:54

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Being the "Netflix Of Wine" Is Still Worth Shooting For

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DAILY NEWS FETCH - May 26, 2022

CREATED BY WINE INDUSTRY INSIGHT   & MADE POSSIBLE BY OUR SPONSORS

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Why Being The "Netflix Of Wine" Is Still Worth Shooting For.

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Wine clubs are about average in retaining customers, but Netflix still sets the bar. Screen Shot 2022-05-19 at 1.42.36 PM

The greatly overstated "Netflix subscriber meltdown" came after the company UNsubscribed 800,000+ Russian subscribers. And yet, that act resulted in a tiny 0.1 percent decline.

The stock melted down even though NFLX would have had a subscriber increase if not for Putin's Ukrainian invasion.

Screen Shot 2022-05-19 at 1.46.50 PM

Netflix Management statement to shareholders who panicked anyway. (PDF)

Disclosure: Wine Industry Insight Publisher Lewis Perdue does NOT own any NFLX stock or other securities, or holdings in any other streaming company.

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While creating this issue: Lew liked this song best: You Find Out Who Your Friends Are    by Kenny Chesney/Tim McGraw/Tracy Lawrence

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================= CONTACT DATA ====================
Lewis Perdue
670 W. Napa St., Suite H, Sonoma, CA 95476
Phone: 707-326-4503, fax: 707-940-4146
Email: lewis.perdue@wineindustryinsight.com