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Netflix aims to be a trillion-dollar company, says co-CEO

1. Netflix aims for a $1 trillion market cap based on strong growth. 2. Revenue doubled and profits increased tenfold in the last five years. 3. Plans to explore additional ventures alongside streaming growth. 4. Retail spaces set to open in Philadelphia and Dallas this year. 5. Goals dependent on successful execution of current strategies.

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FAQ

Why Bullish?

Ted Sarandos’ statements indicate strong confidence and operational success, similar to prior growth periods for NFLX.

How important is it?

Significant growth projections and strategic expansions directly influence NFLX's market position.

Why Long Term?

Long-term goals set for 2030 align with substantial ongoing revenue and market efforts.

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