Three million subscriber miss - thought they would add 2.7M< but lost 200K - miss of 2,930,000.
Get woke, go broke.
I do stream stuff, but have not had Netflix for years. Last time I had it I canceled because I simply wasn’t watching anything on it. They didn’t have much in the way of classic movies. Why are people canceling now? Price hikes?
Every company that has identified as “woke” over the past few years is going to experience this. Americans have had it with corporate virtue-signaling.
Note to the House of Windsor: Incoming!!!!
If more people were aware of the Cuties fiasco it would be worse than this. I mention this to people and it seems virtually no one other than us news junkies even knew about that.
They may be losing subscribers as people discover programming is available on numerous free streaming apps and even due to the old fashioned antenna with more DVRs being developed for antenna technology which allows you to keep the “on demand” aspect of viewing.
I liked Netflix when I would get DVDs from them, burn them to DVD and send them back as quickly as possible so I could order more. I must have burned 500 DVDs that way and could watch them whenever I wanted
Have no use for them now.
They need to make their shows more woke. That will bring the viewers back.
Wow they certainly lost me in January and even after I canceled my account they kept charging me so I had to call back and get it canceled again. Way too much homo woke stuff
Hasn’t Obama sumpin’ to do with that outfit...
With the rise of inflation, people will start to cut expenses.
Netflix’ so called “documentary” on the gang rape of the Central Park jogger was cherry picked propaganda absolving the black thugs wilding in Central Park that night of this horrific crime.
I dropped them when Netflix ran that racist apology for gang rape.
Way too much homegrown content on the Obama/Rice Network.
I never missed cable TV but I did have Amazon Prime, Netflix and Hulu.
Over the past 18 months, I cancelled all three of those. I don't miss them either.
I have many free channels on my Roku supported by advertising with more content then I could watch in a lifetime. I don't mind the commercials as this is what allows you to watch the content for free. This is the way the TV business model worked for decades.
Special mention to YouTube which is now showing scores of full length movies with ads. For example, I watched "What About Bob" the other night for free on YouTube. The video quality was amazing. It did have ads but allows you to skip them after about 30 seconds or so.
Nobody needs to subscribe to Netflix unless they either can't tolerate commercials or they feel the original content is worth paying for.
Crap programming, woke policies, politically correct workplace / employees, rate hikes, content pulled by the majors, and no plan for the future.
For one thing, they lost a lot of people from Ukraine and Russia for obvious reasons. That’s at least 200K there.
They kept raising their rates and promoted garbage.
I’m so shocked. /s
Thank you, Jesus.
I quit ‘em when they put Obama on the their board!!!
Sounds like Barak took a pretty good hit.
Haha, I was just reading this:
Netflix Stock CRATERED After Report of Plummeting Subscribers, for Which They Blame . . . RUSSIA
“The company said that the suspension of its service in Russia and the winding-down of all Russian paid memberships resulted in a loss of 700,000 subscribers. Excluding that impact, the company said it would have seen 500,000 net additions during the most recent quarter.”
1. Deemphasis on first run movies
2. Emphasis on Netflix-produced garbage (overwhelmingly)
3. Ratings: Gone (seemingly to buffer critique of their own productions)
4. Charge subscribers more for their errors
5. Replace ratings with the moronic “thumbs up”
And they wonder why they’re losing subscribers in a competitive environment?