How An Advertising Slowdown Could Affect Your Streaming Subscriptions

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The Street

By Michael Tedder A new report could spell trouble for Netflix, HBO Max. It’s become increasingly clear this month to experts that the U.S. economywill likely enter a recession sometime soon. Between what’s been termed “entrenched inflation,” a bear-ish looking stock market, and an ongoing labor shortage, Wells Fargo Chief Economist Jay Bryson recently predicted a downturn. “We are changing our base-case forecast for next year from an economic soft landing to a mild recession starting in mid-2023,” he wrote in a commentary. What exactly a recession will look like and the extent of its severity…

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