Netflix feels pain as global subscriber growth slows

Netflix feels pain as global subscriber growth slows

Netflix said on Wednesday it lost US streaming customers for the first time in eight years and missed targets for new subscribers overseas. Netflix shares tanked nearly 12 per cent in after-hours trading after the company posted quarterly results that showed it shed 130,000 U.S. customers from April to June. It added 2.83 million paid streaming subscribers outside the US.

KCooper
KCooper
Kenguru Safari
Kenguru Safari 7 months

TLDR; go woke get broke

White mana matters
White mana matters 7 months

I dunno about other countries, but here we had a big spike on the fee and yet get less shows thsn the US. That does not grow the business.

Sir_Kutz
Sir_Kutz 7 months

That’s what happens when you can’t produce good content

Luficer Morningstar
Luficer Morningstar 7 months

Quit making shows about racism, and gay propaganda, and other SJW brainwash trash.

Monster Mash
Monster Mash 7 months

Netflix isn't very good at taking criticism, they changed a whole rating system because people didn't like Amy Schumers comedy special.

R D
R D 7 months

Torrents have been free since 1996

Vicrageous
Vicrageous 7 months

Netlix has sold out to the political left. Having Obama with the company is a big mistake, as his socialist and Islamist ideology only adds to the overwhelming bias growing in leftist corporations like Netflix against traditional family and American values. There is almost no place for the inclusivity, diversity, and equity of anyone not left of center. As a result, I hope they go out of business, with more fair companies rising up to take their place.

Little Scar
Little Scar 7 months

Let them crash and burn. After I saw their LGBT category added to toggle through years ago I cancelled. They wanna try to shove that garbage in my face when I never watched anything remotely homoerotic? 😆 Got better things to spend $1//mo on.

Pugpugpugs
Pugpugpugs 7 months

Why are we losing subscribers?! All we're doing is gradually raising prices while possessing less content!

Unity.Nat
Unity.Nat 7 months

If only blockbuster was still around

John Theodoris
John Theodoris 7 months

People do realize at some point the market gets saturated. You can't grow forever.

PucaPuca Genneken
PucaPuca Genneken 7 months

stock market goes up & down. quit whine cry boo boo & complain, you full of B.S.!

Barny Fraggles
Barny Fraggles 7 months

oops

Beisht Kione
Beisht Kione 7 months

You already have nearly as many people as you're going to.

Kenguru Safari
Kenguru Safari 7 months

until this happened

James Villalobos
James Villalobos 7 months

I cancelled just a few days ago. If you haven't seen it, look up Netflix India's "Shush" ad.

Barny Fraggles
Barny Fraggles 7 months

It's 99% garbage..but it takes a whilst scrolling through the illusion of endless options to realise it.

Brian of Life
Brian of Life 7 months

My heart bleeds for them. Or it would, were they not constantly putting up their prices. I don't buy the argument that it allows them provide better content, it doesn't, it allows them provide more content but the average quality keeps decreasing.

The Right Perspective
The Right Perspective 7 months

Once I finish watching season 3 of Stranger Things I will cancel my subscription.

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