Robert Rosenberg was quoted in the Los Angeles Times article, “After nearly buying Warner Bros., Netflix is laying off 1,000 workers. What happened?" 

Commenting on Netflix’s spending and expansion strategy, Robert observed:

“They are spending on a lot of things that haven’t necessarily proven to be effective yet...It feels a lot like they’re trying to send a message to Wall Street that ‘we’re re-examining how we do business.’”

The article examines Netflix’s decision to lay off approximately 1,000 employees following its unsuccessful bid for Warner Bros. Discovery, amid increased competition and questions about its investments in new business areas.