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Netflix shares crater 23% after company reports it lost subscribers for the first time in more than 10 years
CNBC ^
Posted on 04/19/2022 1:27:31 PM PDT by qwerty1234
Shares of Netflix cratered more than 23% on Tuesday after the company reported a loss of 200,000 subscribers during the first quarter. It’s the first time the streamer has reported a subscriber loss in more than a decade.
The company also said it expects the losses to continue, forecasting a global paid subscriber loss of 2 million for the second quarter.
TOPICS: Business/Economy; Political Humor/Cartoons
KEYWORDS: netflix; netflixstock; thankobama
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>>A loss of 200,000 compared with 2.73 million adds expected, according to StreetAccount estimates.
Three million subscriber miss - thought they would add 2.7M< but lost 200K - miss of 2,930,000.
Get woke, go broke.
To: qwerty1234
This couldn’t possibly be due to the crappy programming and the insane rate hikes.
To: qwerty1234
I have my friend’s netflix password so I can watch it any time for free, haven’t watched anything on Netflix for months.
To: qwerty1234
UK Streaming Subscriptions Shrink As Households Look To Cut Costs – Report The number of UK households that subscribe to at least one streaming service shrank in the first quarter of 2022, says ... Yahoo10h
4
posted on
04/19/2022 1:30:14 PM PDT
by
RomanSoldier19
(Res ad Triarios venit; )
To: qwerty1234
Netflix finances are a house of cards.
5
posted on
04/19/2022 1:31:31 PM PDT
by
Fido969
(45 is Superman!)
To: qwerty1234
Maybe most folks thought Cuties wasn't so cute after all.
That's fine. The Obama got their millions for Netflix. That's all that matters.
6
posted on
04/19/2022 1:31:38 PM PDT
by
Tell It Right
(1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: qwerty1234
Ha! They never had me in the first place. Where is that news at?
7
posted on
04/19/2022 1:31:41 PM PDT
by
JudgemAll
(Democrats Fed. job-security in hates:hypocrites must be gay like us or be tested/crucified)
To: qwerty1234
Well how much are they paying crews to follow Harry and Megan around?
8
posted on
04/19/2022 1:32:35 PM PDT
by
pnz1
("These people have gone stone-cold crazy")
To: qwerty1234
Algo’s selling off. I wouldn’t be surprised if they rally soon, in a few weeks or this week. Investing= Looks cheap/Looks expensive. Lot’s of people have different perspectives.
9
posted on
04/19/2022 1:32:56 PM PDT
by
Theoria
To: qwerty1234
Those ‘adds’ they’re going after are all foreign language subscribers. That’s what the majority of all their new additions to new content are. I’m about to pull the plug on them, myself.
10
posted on
04/19/2022 1:34:19 PM PDT
by
Gaffer
To: Fido969
The guy who bought my house in Los Gatos for a ridiculous price is a director there. He’d better hope they don’t ask him to take a salary hike, with the property tax he owes.
11
posted on
04/19/2022 1:34:45 PM PDT
by
skeeter
To: qwerty1234
As a Boomer I can state that the increased number of poor decisions being made by major Corporations these days are due to the rise of Millennials into the ranks corporate management. Now get off my lawn.
To: skeeter
13
posted on
04/19/2022 1:35:11 PM PDT
by
skeeter
14
posted on
04/19/2022 1:36:26 PM PDT
by
DAC21
To: qwerty1234
15
posted on
04/19/2022 1:36:35 PM PDT
by
ought-six
(Multiculturalism is national suicide, and political correctness is the cyanide capsule. )
To: qwerty1234
Last I did Netflix they still sent me dvds
16
posted on
04/19/2022 1:36:56 PM PDT
by
VeniVidiVici
(GoFundMe is a Democrat Scam)
To: throwthebumsout
17
posted on
04/19/2022 1:38:14 PM PDT
by
Seruzawa
("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
To: qwerty1234
18
posted on
04/19/2022 1:38:49 PM PDT
by
Chickensoup
( Leftists totalitarian fascists are eradicating conservatives)
To: qwerty1234; All
Netflix raised prices to the point people got fed up and cancelled their subscriptions.
Just like Politicians raise taxes to the point people get fed up and MOVE.
There is little common sense anymore in this world.
19
posted on
04/19/2022 1:39:44 PM PDT
by
Cobra64
(Common sense isn’t common anymore.)
To: skeeter
why wouldn’t he want a salary hike?
20
posted on
04/19/2022 1:40:07 PM PDT
by
Chickensoup
( Leftists totalitarian fascists are eradicating conservatives)
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