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Netflix loses nearly $45 billion in market cap after ‘borderline catastrophic’ forecast' showed almost 3.5M FEWER subscribers for 2022 first quarter
UK Daily Mail ^ | January 21 2022 | MATT MCNULTY FOR DAILYMAIL.COM and REUTERS

Posted on 01/21/2022 6:02:42 AM PST by knighthawk

Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month.

The streaming platform projected it would add 2.5 million customers for the first quarter of 2022 - January through March - less than half of the 5.9 million analysts had initially forecast.

Netflix tempered its growth expectations, citing the late arrival of anticipated content, such as the second season of Bridgerton, and the film The Adam Project.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: News/Current Events
KEYWORDS: cuties; netflix; woke
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To: knighthawk

With their latest price increase I’m done. Been a subscriber since before they even had streaming… but price is now too high to justify and lots more free abs cheaper options and their “exclusive” productions I generally don’t watch


41 posted on 01/21/2022 6:36:40 AM PST by HamiltonJay
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To: nevermorelenore
they haven’t added anything new and interesting, once you watch all your favs, it’s a nothingburger from then on....

I agree. I think the new Ozark comes out today. Once we get through that, we're dropping them.
42 posted on 01/21/2022 6:40:32 AM PST by mmichaels1970
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To: knighthawk

Another bomb was “The power of the dog” I think the original title might have been “Cowboy in the closet”.


43 posted on 01/21/2022 6:41:14 AM PST by shoff (Vote Democrat it beats thinking!)
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To: KarlInOhio
With more and more streaming companies I've seen more friends switch to month by month usage. They'll sign up for Netflix and binge on its shows for a month, then Hulu next month and Disney the following.

Because like cable, people only consume 2% of the content. So it's sensible to do as you suggest, jump around every 3 months and binge the one or two shows you want to watch.

44 posted on 01/21/2022 6:41:25 AM PST by 1Old Pro (Let's make crime illegal again!)
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To: knighthawk

I don’t know about anybody else, but I’m tired of seeing the same Indian movies in Telegu, Hindi, Punjabi, Tamil and all the others in dumb Bollywood movies. They’ve had so much success with them, they’ve gone to Egyptian, Turkish, Serbian and a host of others - all of them trashing up the New Release section.


45 posted on 01/21/2022 6:42:27 AM PST by Gaffer
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To: JonPreston
If I reject my free Netflix subscription to T Mobile (as part of their plan), and promise to read National Review, will the nation be saved from both political parties?

So long as you agree to constantly belittle those who don't follow in lock-step with you, yes. You will save the country.
46 posted on 01/21/2022 6:45:18 AM PST by mmichaels1970
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To: Gaffer
I don’t know about anybody else, but I’m tired of seeing the same Indian movies in Telegu, Hindi, Punjabi, Tamil and all the others in dumb Bollywood movies.

A lot in espanol as well. I think they should have a nationality filter so you can sort out content by what country the content was made in.
47 posted on 01/21/2022 6:48:37 AM PST by mmichaels1970
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To: stuck_in_new_orleans

Streaming service is just a euphemism for cable company.

As for Disney, Paramount, Discovery...

We don’t use them, either.

We don’t want their content.

So, in our house, it has to be content we want. And, as far as we’re concerned, there’s darn little of that to be had. New content anyway.


48 posted on 01/21/2022 6:50:44 AM PST by mewzilla (Those aren't masks. They're muzzles. )
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To: Gaffer

I’ve seen some excellent foreign content.

In fact, most of the new stuff we’ve seen lately has been foreign content.


49 posted on 01/21/2022 6:52:03 AM PST by mewzilla (Those aren't masks. They're muzzles. )
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To: rlmorel

I am like you as well.

More queer programming and higher prices prompted me to dump the chumps


50 posted on 01/21/2022 6:53:44 AM PST by eartick (Stupidity is expecting the government that broke itself to go out and fix itself. Texan for TEXIT)
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To: JonPreston

“Is that why you use Verizon?”

Now I am going to admit that you have a very very good point there. In the case of me using Verizon it is indeed hypocritical of me to a point. It is one of the few situations where I have absolutely no other options available. Where I live, it is the only way I can get internet period. So unlike those who have options such as the netflix situation, or other forms of access to the net available, my option to find an alternative service is absolutely not there. Trust me, I absolutely hate it. But for me it means internet, or no internet period. They got me over a barrel with this situation because of where I located. And if I had options I would have changed long ago. But with everything else “woke” in our lives we have indeed made the sacrifices and do live without them.

So my options are to pack up and move to the city where there are other options available, or completely do without internet at all. Even I would not suggest this extreme of a sacrifice to anyone. But there are so many that can be made that are minor in comparison because other options are indeed available to them.


51 posted on 01/21/2022 6:53:50 AM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: mewzilla

I’m sorry, but all those Indian movies aren’t excellent foreign content in my book.


52 posted on 01/21/2022 6:54:38 AM PST by Gaffer
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To: knighthawk

Wokeness and lack of real creativity is very boring.

I believe people are just bored with it all. Trying to make everyone the same is a bore.


53 posted on 01/21/2022 6:55:33 AM PST by dforest (Freaking insane world. )
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To: knighthawk

I’m delighted that the Woke Network, NetFlix, is losing money. This group that hired Obama just to give him money for nothing, and is producing a ‘documentary’ about how January 6th was worse than 9/11, can suck it.


54 posted on 01/21/2022 6:56:41 AM PST by Lazamataz (He who does, does not talk. He who talks, does not do.)
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To: mewzilla
So, in our house, it has to be content we want. And, as far as we’re concerned, there’s darn little of that to be had. New content anyway.

I can list on one hand, maybe two, the content I have enjoyed on any of these services. Showtime for Homeland Peacock to watch old seasons of Yellowstone, which are now all on Paramount. PGA Tour Live to get 4 more hours of the early rounds, which seems to now be also available on ESPN+ which I won't get. HULU - for the cost still seems worth it Aamazon Prime, part of Amazon Prime, which had 2-3 good shows like Miss Maisel and Bosch.

55 posted on 01/21/2022 6:56:52 AM PST by 1Old Pro (Let's make crime illegal again!)
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To: ImJustAnotherOkie
Susan Rice sucks.

Putting her on their board was my first and last straw.

56 posted on 01/21/2022 6:58:55 AM PST by 13foxtrot
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To: Lazamataz

“This group that hired Obama just to give him money for nothing”

....did Obama also get his chic....er roosters for free?


57 posted on 01/21/2022 6:58:55 AM PST by dforest (Freaking insane world. )
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To: knighthawk

I cancelled after they wen woke.

Thee is too much FREE content online to pay for any service anymore. Especially a service that hates you.


58 posted on 01/21/2022 7:00:36 AM PST by Mr. K (No consequence of repealing obamacare is worse than obamacare itself)
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To: knighthawk

Tangent: Apple TV is the best streaming service. I have enjoyed pretty much everything I have seen on there. Even the woke interwoven into the content, pretty much obligatory, doesn’t detract from the overall quality of the programming. The have gays they have lesbians they have a boy kid that wants to be a girl. Still the plots and acting are quite good. Servant, Foundation, See, Mosquito Coast. Quite good.


59 posted on 01/21/2022 7:02:56 AM PST by webheart (I thought I was helping by getting vaccinated but they say I didn’t help at all. )
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To: knighthawk

I guess viewers didn’t want to support kiddie porn.


60 posted on 01/21/2022 7:09:24 AM PST by D Rider ( )
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