“We believe paid membership growth slowed due to the big COVID-19 pull-forward in 2020 and a lighter content slate in the first half of this year, due to COVID-19 production delays,”
ROFL!!! what a joke!.... If anything, Covid HELPED streaming services!
And they are blaming it???
I guess pumping out child porn had nothing to do with it???
Naw!
Nah. It’s cuz we’re racist. Much easier to say that way.
We canceled because of how woke they have become.
these people live for the quarterly earnings. alot of the top brass get options.
i canceled my subscription. A whole $12 per month. But a flood is made of rain drops.
Netflix is high-priced, stale content.
Dakota Johnson set to star in brand new Netflix period drama – but fans are divided
There is also the fact that Netflix is also facing a lot of competition from the other streaming services that seem to be popping up like weeds on a monthly basis, Hulu, Disney Plus, HBO Max, Amazon Prime, AppleTV, etc. Most have quality content of their own that is only available through that particular service and not Netflix. Most people don’t have the money or time to subscribe to all of them. I’m guessing many do what my family does, subscribe for a month, watch the new episodes of whatever series interest us on that particular platform, then cancel and subscribe to another content provider the next month and do the same thing.
Yes, pull-forward probably was real.
But so was losses from producing content customers decided to not pay for.
“Exclusive content” is over-rated. Customers want a complete library, not a unique one.
They now have a policy of putting queers on most of their shows...and they wonder why they’re turning off people.
Netflix is evil.
Face it. People are sick and tired of covid. You shut it out.
More and more cable networks are making deals with cable channels to “live stream” their newest shows directly over the Internet connections those same cable networks offer their customers.
Those offering are bypassing the need for a Netflix type subscription, for some of the newest cable channel shows. And, those offerings are less of a mixed bundle than the general cable offerings.
Two of those offerings are some of the Discovery channels and some Disney channels, with separate monthly subscriptions for each (in the Internet streaming mode). It begins to move the standard closer to what folks said they wanted - let me pick just the shows I want. The difference in how that standard is being built is that it is happening via the Internet streaming mode to the “smart” (Internet connected) TVs.
That mode was started first by the likes of Netflix and Hulu. But with Verizon, AT&T and Comcast all branching into and heavily investing in the application of Internet streaming services for “TV” shows, Netflix (a subscription service itself) could be the big loser.