Netflix Tightens Data Disclosure for the Second Time in Two Years: Viewing Hours to Be Reported Annually, Valuation Benc…

Netflix is further tightening its information disclosure. Starting in 2027, viewing hours and viewership reports will be adjusted from biannual to annual releases, continuing the reduction in core operating metrics. The company aims to shift market focus to financial indicators such as revenue and profit, driving a valuation logic transition from "user growth" to "profitability." However, this adjustment comes amid quarterly guidance missing expectations and pressure on the stock price, which may exacerbate asymmetric information and growth concerns in the short term, while testing investors' ability to complete a cognitive shift in the long run