‘Stranger Things’: Netflix Reportedly Spent A Hefty $30 Million Per Episode On Season 4
Streaming giant Netflix made massive headlines this week when the company revealed in a quarterly earnings report that they lost 200,000 subscribers and their stock subsequently plummeted (apparently the company lost 700,000 subscribers when they cut off service to Russia, but obviously made up some of that number in new subscribers). Additionally, after indicating last month they weren’t going to change their model, in the wake of this stock crash, the streaming service announced they’ll be introducing a lower-cost subscriber option that will be ad-supported.