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Earnings Watch: What does a mature streaming service look like? Netflix is about to show us



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Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like when it hits maturity. Netflix’s growth stage hit warp speed during the COVID-19 pandemic, then fell off in the first quarter after nearly a year of staggering growth. When the company reports second-quarter earnings on Tuesday, it has warned investors of the smallest number of net additions in its history.

While the stock plunged on that news three months ago, it should not have been surprising. Netflix has been giving hints that it was …

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