Netflix CEO Ted Sarandos has now shared that Netflix is now setting a long-term goal, to become a $1 trillion company, by 2030. To achieve this goal, Netflix needs to double their revenue, in addition to continuing to lead the streaming market globally.
In addition, Netflix also needs to diversify their revenue, and not rely solely on streaming revenue.
Today there are around 8 companies with a company value exceeding $1 trillion, including Meta, Google, Amazon, NVIDIA, Microsoft and even Apple. Netflix today has a market value of around $446 billion.
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BUSINESS & MONEY