CNBC’s Jim Cramer tore into Netflix on Wednesday following news that the streaming giant lost subscribers for the first time in over 10 years, leading to their shares tumbling 25 percent. In an earnings call, Netflix CEO Reed Hastings floated the idea of introducing advertisements into content, something Netflix has avoided while other streamers like […]

The post CNBC’s Jim Cramer Buries Netflix as Stock Plummets: ‘A Company That’s Lost Its Way’ first appeared on Mediaite.