What’s Driving These Estimates 💡 A) Subscriber Base & Pricing Power • Subscriber growth — especially internationally — remains a top revenue driver. Netflix reported strong membership gains earlier in the year and expects steady additions into Q4.  • Strategic price increases on key tiers (Standard/Premium) have boosted ARPU (average revenue per user), which supports margin expansion.  📺 B) Content Strength & Engagement • Streaming hits like Stranger Things and global originals drive engagement and reduce churn. • Live sports and event programming have improved stickiness and broadened appeal. 📊 C) Advertising Monetisation • Netflix’s ad-supported tier has become a meaningful revenue stream (with rapid subscription growth).  • Ad revenue is expected to roughly double in 2025, pl