propaganda.
Netflix made more money than ever, subscribers went down a little because they raised their prices (thus why they made a record profit) This is called supply and demand.
I agree the whole left wing content killing them is propaganda, they are losing subscribers because they have lost their first mover advantage, and don’t know how to maintain their value.
Charging more at the same time more and more content is finding other homes for the same or less price, equals less value.
While I dislike much of the left wing nonsense on Netflix, it continues to deliver less and less value because it has less and less on it I want to watch.
Eventually that calculus becomes, not worth the $$.
Lose of their exclusive Disney contract in June, and Disney planning to open their own streaming service much cheaper in a few months, means a lot of folks with smaller kids ran the calculus after the price increase and said, nope... cancel.
The cancellation trend in US is probably going to continue for a while... I would expect NA growth to flatline or contract until they can offer more value.