For the first time in 10 years, Netflix is ​​losing subscribers

 Netflix is ​​losing subscribers for the first time in 10 years

Streaming platform Netflix is ​​losing subscribers en masse.

According to CNN, Netflix lost about 200,000 subscribers in the first three months. Such a decline in the company is explained by two factors: the war in Ukraine (Netflix left the Russian Federation because of the war) and an increase in subscription prices.

and lost thousands of subscriptions, something the company hasn't seen in over a decade.

The company is expected to lose another 2 million customers in the second quarter of 2022.

Against this backdrop, Netflix shares fell by 25%.

Follow us on Telegram

Add a Comment

Your email address will not be published.