Netflix lost 2 Lakh Subscribers in 3 months, 100 mn families worldwide shared password: Netflix

Netflix: Netflix lost 2 Lakh Subscribers in 3 months

Netflix‘s share price fell 34.95% to $229.11 on Wednesday since the company’s earnings report was released after the market close on Tuesday, and it wiped more than $50 billion from the firm’s market value. Netflix lost 2 lakh subscribers in the recent quarter 1 financial year 22, which is less than their forecast of adding … Read more

Netflix adds 8.3mn subscribers less than expected in Q4: Netflix stock slumps

Netflix

Netflix stock fell 25.87% last month. Netflix recently estimated that the company will add almost 2.5 million subscribers in the 1st quarter of 2022 (Q1 2022), but this number is almost 40% down from the same quarter last year (Q1 2021) when it was 4 million. Netflix’s customer acquisition growth still hasn’t reached pre-Covid levels. … Read more