Posted on 07/22/2019 8:25:16 AM PDT by SeekAndFind
On Wednesday, Netflix announced its subscriber base in the United States declined for the first time since 2011.
The streaming giant had forecast a gain of 300,000 during the second quarter (April through June), but instead it lost about 130,000 homes here. Thanks to international growth, Netflix still added 2.7 million customers overall, pushing its global base to a record 151 million. But even that wasnt entirely good news: Netflix had told investors it expected to gain about 5 million new customers in the quarter, making this its biggest missed forecast since 2016. So whats behind this gloomy quarter for the company?
Netflix blames the decline on its most recent price increase. Our missed forecast was across all regions but slightly more so in regions with price increases, Netflix explained to its investors, but they also blame lackluster programming. We think Q2s content slate drove less growth in paid net adds than we anticipated.
Perhaps theres another factor that Netflix is missing, or evening ignoring when it comes to their disappointing numbers. For more than a year now, Netflix has made some controversial moves that undeniably alienated a large portion of its U.S. subscribers: conservatives.
Back in March of 2018, Netflix named former Susan Rice, the former National Security Adviser and Ambassador to the United Nations under Barack Obama, to their Board of Directors. Susan Rice was a key figure in the Benghazi attack cover-up, pushing a false narrative to the media in order to give Obama political cover before the 2012 election. Rice was also behind the controversial unmasking of Trump administration officials on intelligence reports involving the Russian collusion hoax. Rices placement on the Board of Directors was also criticized because her national security background seemed irrelevant to being on the BOD of an entertainment company.
Nevertheless, Netflix CEO Reed Hastings defended the decision saying, For decades, she has tackled difficult, complex global issues with intelligence, integrity and insight and we look forward to benefiting from her experience and wisdom. Yeah, right.
Then there was the announcement in May 2018 that Netflix would be partnering with Barack and Michelle Obama to produce content. "President Barack Obama and Michelle Obama have entered into a multi-year agreement to potentially produce films and series for Netflix, potentially including scripted series, unscripted series, docuseries, documentaries, and features," they announced via Twitter.
The announcement was met with immediate backlash from conservatives, just like the Susan Rice announcement did.
More recently, Netflix threatened to boycott Georgia and cease filming in the state over its controversial abortion law. We have many women working on productions in Georgia, whose rights, along with millions of others, will be severely restricted by this law, said Netflixs chief content officer, Ted Sarandos, in a statement to Variety in May. Its why we will work with the ACLU and others to fight it in court. Given the legislation has not yet been implemented, well continue to film there, while also supporting partners and artists who choose not to. Should it ever come into effect, wed rethink our entire investment in Georgia. In response to Netflixs threat to boycott Georgia, pro-lifers, in turn, called for a boycott of Netflix.
Does Netflix really expect us to believe that rate hikes are to blame for their loss of subscribers when previous rate hikes did not have a similar impact? Maybe they should consider the possibility that the repeated alienating of conservatives subscribers and potential subscribers was also a contributing factor.
We've seen Hollywood take huge hits because of actors and programming becoming increasingly political and agenda-driven. The anti-Trump Murphy Brown reboot was canceled after just one season, yet Tim Allen's Last Man Standing, which was canceled by ABC (possibly due to conservative politics on the show), was brought back on Fox and continues to have big ratings. I think it's time Netflix, and Hollywood in general, acknowledge the fact that conservatives crave entertainment too, and they don't want to be lectured with left-wing propaganda when they watch a movie or a series. They want high-quality entertainment that speaks to them instead of talking down to them.
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Matt Margolis is the author of the bestselling book The Worst President in History: The Legacy of Barack Obama. His new book, Trumping Obama: How President Trump Saved Us From Barack Obama's Legacy, will be published on July 30, 2019. You can follow Matt on Twitter @MattMargolis
I liked Designated Survivor, but when Netflix took over production it just became the liberal trope of the week on every show. Unwatchable
Reed Hastings once said (sic) that Americans knew nothing about the world or politics. While that’s true to an extent, combined with hiring an anti-American pResident, price increases and competition, he did his company no favors. Now that the Net allows global viewing, Hollyweird and streaming services don’t care how many people they insult, as long as they’re American.
Did hitting themselves repeatedly in the head with a hammer give themselves a headache?
Yes, rate hikes are a big reason this is happening, also their liberal politics is pushing people away also.
So, both of these are true.
When the Disney deal ends, they are going to be in deep trouble.
Penetration is needed for rape, not ejaculation.
one can rape with a broom handle.
I like netflix. I am glad I have it.
There are some great films and shows
Here is a sampling of what I have watched over the past few years. All interesting and compelling shows that were well done. I see them when I want to and it is the price of one trip to the cinema.
The Crown Series
Lucifer Series
Howards End
The Good Place series
Midsomer Murders series
and also
Mad Men series
Bluebloods series
Father Brown series
House of Cards series
Saving Mr Banks
Father Brown series
Longmire series
Broadchurch series
Nobel series
Occupied series
Get low
The Bishops Wife
Sherlock series
Mudbound
Osmosis series
The Umbrella Acadamy series
Kodachrome
End Game
Lillihammer Series
Tinker’
The Same Sky Series
good old Bob Ross
What Happened to Monday Series
All of the Jim Gaffigans
Ryan Hamilton Happy Face
Sebastian Monsoscalo
Anon
Black Mirror Series
Herrens Veje series (Ride Upon the Storm) I recommend it highly
Julie and Julia
What/If Series
Blue Jay
The Rain Series
and I have just scratched the surface.
there are India shows and many more Scandinavian shows coming to netflix and I am really enjoying some of the documentaries too.
There is dross out there, but it is a bargain at twice the price.
I cancelled the same morning they announced the Obama deal and I told them why.
Or rip them to a network drive.
Whatever.
Just as long as I have a hard copy.
Tell that to the left who claim they are innocent of rape because they didn’t leave any semen even though it was found on their pants. That case infuriates me so much. All the people out there busting their butt to make ends meet and 5 rapists and attempted murderers are made millionaires all so the left can push a racism agenda.
her dna wasnt found on their clothes? Their dna wasnt found on her clothes?
I’d drop NetFlix but I’d have to subscribe to them first. There are plenty of other options out there. Use them.
Because back then DNA testing was in its infancy, they didn’t collect for that. All they collected was the semen samples inside her vagina. What they are basing their whole innocence on is that their semen wasn’t inside her while they discount the MOUNTAINS of evidence against them!!
Ann Coulter wrote it all out in extreme detail in 2 parts....
http://www.anncoulter.com/columns/2019-06-12.html
http://www.anncoulter.com/columns/2019-06-19.html
You can also talk the lead investigator Eric Reynold, he will actually reply to you.......
https://www.facebook.com/eric1062
The reason I am asking is that I understand that in cases like this the evidence is kept, clothing and samples and although they were not tested before, they can be tested now. That is what is catching all the criminals who commited crimes twenty and thirty and forty years ago.
All that stuff is there, and could be tested.
This wasn’t easy to do.
They won’t let you do it easily anymore. Evil ones.
I hope my kids understand one day.
https://www.libertariansforlife.org/
New hit piece on Trump.
The Great hack. - Netflix
This article explains though for those not remembering.
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