{"id":163928,"date":"2025-04-23T19:09:42","date_gmt":"2025-04-23T19:09:42","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/04\/23\/netflix-aims-to-be-a-trillion-dollar-company-says-co-ceo-techcrunch\/"},"modified":"2025-04-23T19:09:42","modified_gmt":"2025-04-23T19:09:42","slug":"netflix-aims-to-be-a-trillion-dollar-company-says-co-ceo-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/04\/23\/netflix-aims-to-be-a-trillion-dollar-company-says-co-ceo-techcrunch\/","title":{"rendered":"Netflix aims to be a trillion-dollar company, says co-CEO | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">At Semafor\u2019s 2025 Word Economy Summit on Wednesday, Netflix co-CEO Ted Sarandos said he believes Netflix\u2019s long-term goal to achieve a $1 trillion market capitalization is possible if the streaming giant continues to perform well.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Sarandos <a rel=\"nofollow noopener\" href=\"https:\/\/www.youtube.com\/watch?v=9Trdrc26MBk\" target=\"_blank\">said<\/a>, \u201cIn the previous five years, we\u2019ve doubled our revenue, we grew profits 10 times, and we grew our market cap three times. So there is a path to it, obviously, but it\u2019s all incredibly dependent on executing well.\u201d<\/p>\n<p class=\"wp-block-paragraph\">He seems to confirm a <a rel=\"nofollow noopener\" href=\"https:\/\/www.wsj.com\/business\/media\/netflix-aims-to-join-the-1-trillion-club-fdacb250\" target=\"_blank\">report<\/a> from The Wall Street Journal earlier this month, in which Netflix executives indicated that the company aims to achieve this goal, as well as double its revenue, by 2030.<\/p>\n<p class=\"wp-block-paragraph\">Notably, Sarandos mentioned that Netflix could achieve its goals solely through its streaming business. However, the company also intends to explore additional ventures. The Broadway opening of \u201cStranger Things: The First Shadow\u201d took place in March, and Netflix is set to open retail spaces in Philadelphia and Dallas this year.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/04\/23\/netflix-aims-to-be-a-trillion-dollar-company-says-co-ceo\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At Semafor\u2019s 2025 Word Economy Summit on Wednesday, Netflix co-CEO Ted Sarandos said he believes Netflix\u2019s long-term goal to achieve a $1 trillion market capitalization is possible if the streaming giant continues to perform well.\u00a0 Sarandos said, \u201cIn the previous five years, we\u2019ve doubled our revenue, we grew profits 10 times, and we grew our [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":163929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-163928","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/163928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=163928"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/163928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/163929"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=163928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=163928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=163928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}