A polycrisis has sent global markets sharply down; and there is opportunity to be found.

While the uncertainty has increased and the range of outcomes is greater, the long-term opportunity remains, with Netflix still being the clear market leader in an industry with strong structural tailwinds.

Netflix’s scale, ongoing product innovation and strong execution set the company up well for sustained leadership in an industry that continues to shift online at accelerating pace.

Cable operators leading US broadband internet momentum

Spotify and Apple Music lead the revival of the recorded music industry