The End Of Netflix? Netflix Loses Subscribers For The First Time In A Decade

Netflix lost 200K subscribers in 2022 Q1.

The is the first time the platform posted a subscriber loss in more than a decade.

According to FT, Netflix shares fell more than 20 per cent on Tuesday. The streaming pioneer also warned that the number of subscribers would fall by another 2mn in the current quarter, to about 219.6mn, after declining by about 200,000 in the first quarter. Investors had expected an increase of 2.6mn subscribers.

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