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Woke Fail: Netflix Shares Plummet More Than 50 Percent in 2022 — Worst Year in More than a Decade
Breitbart ^ | 12-30-22 | David Ng

Posted on 12/30/2022 5:00:44 PM PST by dynachrome

For 2022, Netflix shares dropped 50.6 percent, the most the stock has declined on an annual basis since 2011. For the first time, the once-invincible company lost subscribers for two consecutive quarters, ushering in a period of painful belt-tightening that has included several hundred layoffs.

Netflix’s decline outpaced the Nasdaq, which was down 33.1 percent for the year.

The left-wing streamer, which continues to have a production deal with Barack and Michelle Obama, is being forced to try new ways to juice revenue. Netflix broke its promise to never have commercials by launching an ad-supported tier in a bid to tap into the advertising market in the face of uncertain subscriber growth.

But the new tier has had an unpromising start. As Breitbart News reported, the plan accounted for just 9 percent of new sign-ups during its first month. In addition, Netflix has had to give back money to advertisers after failing to meet viewership targets.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Chit/Chat; Humor; TV/Movies
KEYWORDS: cancelnetflix; cuties; netflix; netflixstock; obamas; theharkles; woke
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To: dynachrome

That’s what happens when you pick sides.


21 posted on 12/30/2022 6:02:45 PM PST by DouglasKC
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To: dynachrome

Can those folks learn to code, or do they already code? Maybe they can learn to mine.


22 posted on 12/30/2022 6:06:02 PM PST by Tolerance Sucks Rocks (FBI out of Florida!)
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To: dynachrome

But the two Royal Grifters still got their 100 million. The Kenyan and Mike as well, I assume.


23 posted on 12/30/2022 6:36:56 PM PST by DAC21
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To: SamAdams76

I cancelled it about 6 mos ago. I don’t miss it either.


24 posted on 12/30/2022 6:45:06 PM PST by Jean2
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To: SamAdams76

Crash and burn, perverted maggots.


25 posted on 12/30/2022 7:00:29 PM PST by WKUHilltopper
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To: SamAdams76

i cancelled a few months ago and don’t miss it either ...


26 posted on 12/30/2022 7:05:17 PM PST by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: dynachrome

How those Barak specials working out? It is basically a 24 hr ad for the DNC.


27 posted on 12/30/2022 7:05:20 PM PST by bray (The Republic of Texas explains everything )
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To: HamiltonJay

you’re exactly right ... we cancelled mainly because there wasn’t anything worth watching ... and their “original” stuff was dreck ... (but then again, “original” stuff from amazon is mostly dreck too ... but i’m paying amazon for free shipping anyway, so their prime channel is basically a freebee for me)


28 posted on 12/30/2022 7:08:11 PM PST by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: Kaiser8408a

“With the Obamas as content advisors, and idiot programs like Harry and Meghan, no wonder they are screwed.”

worse, netflix paid tens of millions for that unwatchable krap ...


29 posted on 12/30/2022 7:09:24 PM PST by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: Fai Mao

Found it...and saved to my favorites to watch. Thank you.


30 posted on 12/30/2022 7:40:36 PM PST by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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To: dynachrome

Cancel Netflix


31 posted on 12/30/2022 7:47:57 PM PST by FlyingEagle
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To: dynachrome

I have it but it has been months since I watched anything worth watching on it. As soon as the extra fees kick in for account sharing, I’ll get rid of it


32 posted on 12/30/2022 8:22:37 PM PST by roving ( Pronouns- libs/suk)
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To: dynachrome

Cancelled mine a few years ago after I heard that the vile Obamas were part of it. That and Netflix’s sexualization of children and glorification of homosexuality. Don’t miss it a bit.


33 posted on 12/31/2022 1:24:40 AM PST by Rocco DiPippo
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To: HamiltonJay

Watching Britbox this year. The older content is great. Their newer content is poor. Even with the better older actors. But have happily watched many hours of the old films and series. At 6.99 per month.


34 posted on 12/31/2022 2:54:27 AM PST by Chickensoup (Genocide is here. Leftist extremists are spearhheading the Genocide against conservatives. )
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To: dynachrome
Don't forget to watch Zelensky on Netflix. It's the best production since The Ten Commandments


35 posted on 12/31/2022 3:54:52 AM PST by JonPreston
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To: dynachrome

This is interesting...

https://www.forbes.com/sites/marisadellatto/2022/12/15/netflix-reportedly-isnt-meeting-viewership-expectations-for-some-advertisers/

Scroll to the second and third bullet points.

Anyone else wondering if the ad tier is a new Netflix laundering money op for Deep State...


36 posted on 12/31/2022 4:15:47 AM PST by mewzilla (We wwonder what percentage ofill never restore the republic if we don't first secure the ballot box.)
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To: SamAdams76

I never had it and don’t miss it 😁


37 posted on 12/31/2022 7:53:07 AM PST by SMARTY (“Liberalism is totalitarianism with a human face.” Thomas Sowell)
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To: Fai Mao

Just watched the first episode. It’s very good! Thanks.


38 posted on 12/31/2022 4:13:37 PM PST by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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To: moovova

The second episode is the only one with a slightly PC twist at the end.


39 posted on 12/31/2022 4:50:16 PM PST by Fai Mao (Stop feeding the beast, and steal its food!)
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To: Fai Mao

Seems interesting...with the wedding dress falling off the bride (in the preview). I’m looking forward to the back story of the female lawyer boss coming to visit the dad at his restaurant (no spoilers please 😁).


40 posted on 12/31/2022 8:44:22 PM PST by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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