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Netflix loses 200,000 subscribers.
Posted on 4/19/22 at 7:17 pm
Posted on 4/19/22 at 7:17 pm
I guess Obama sucking and soft core pedo shows didn't lead to wild success.
quote:Bloomberg
The streaming service lost 200,000 customers in the first quarter, according to a statement Tuesday, the first time it has shed subscribers since 2011. Netflix also projects it will lose another 2 million customers in the current second quarter, setting up its worst year ever as a public company.
Investors, analysts and Hollywood executives had been bracing for the company to report a sluggish start to the year, but Wall Street still expected Netflix to add 2.5 million customers. The shares, already down more than 40% this year, tumbled as much as 24% to $265.11 in after-hours trading.
Posted on 4/19/22 at 7:17 pm to blueboy
Meh, people are jumping to other streaming services and still trying to keep costs low.
Posted on 4/19/22 at 7:25 pm to DhanTigers212
quote:
Get Woke Go Broke
Nah. Just more competition
Posted on 4/19/22 at 7:26 pm to boogiewoogie1978
That plus a price increase and a lack of great content.
Posted on 4/19/22 at 7:26 pm to blueboy
Most people are not creepy, pedophiles.....most people are good.
Therefore, when a corporation panders to the wierdos, good people leave. That's all I got!
Therefore, when a corporation panders to the wierdos, good people leave. That's all I got!
Posted on 4/19/22 at 7:27 pm to blueboy
I'm one of them.
Swapped over to daily wire instead.
They have a roku app.
Stop giving money to people that hate you.
Swapped over to daily wire instead.
They have a roku app.
Stop giving money to people that hate you.
Posted on 4/19/22 at 7:28 pm to blueboy
Honestly most of their original content is daytime tv quality. Ozark and Peaky Blinders are about the only two shows I care for on there.
Posted on 4/19/22 at 7:29 pm to blueboy
Could be inflation as well.
Consumers may be looking for a way to pay the rent.
Consumers may be looking for a way to pay the rent.
Posted on 4/19/22 at 7:35 pm to crimson crazy
Netflix is going the way of cable. All these options, but nothing good to choose from.
Posted on 4/19/22 at 7:35 pm to blueboy
quote:
Netflix also projects it will lose another 2 million customers in the current second quarter
Posted on 4/19/22 at 7:40 pm to blueboy
I prefer to watch movies in 4K Bluray HDR quality. streaming services offer watered down version of movies compared to physical copies.
Posted on 4/19/22 at 7:49 pm to blueboy
They had little in the way of content that appealed to me, and coupled with their deals with the Obamas and the Sussexes, I felt my money was better spent elsewhere.
They can make deals with whomever they like, but I don't have to help fund it.
They can make deals with whomever they like, but I don't have to help fund it.
Posted on 4/19/22 at 7:56 pm to boogiewoogie1978
quote:Talking out of your arse. Wall St. experts expected them to add subs. You must know more than they do. Anyway, the 'competition' that exists now also existed in the previous several quarters.
Nah. Just more competition
Posted on 4/19/22 at 8:04 pm to tiggerthetooth
quote:
Meh, people are jumping to other streaming services and still trying to keep costs low.
Prove your statement. Pretty certain you just made that up.
Posted on 4/19/22 at 8:05 pm to blueboy
I guess everyone gets fed up at their own pace. I got fed up around 4 years ago and canceled. Almost all the content Netflix was producing was woke content. Woke content vastly outnumbered the nonwoke content they were releasing.
Posted on 4/19/22 at 8:08 pm to blueboy
quote:
Talking out of your arse. Wall St. experts expected them to add subs. You must know more than they do. Anyway, the 'competition' that exists now also existed in the previous several quarters.
The comment was Get Woke Go Broke. Using YOUR logic they've been woke for awhile too so why the sudden drop off?
They lost subs and predict to lose more.
Do you think the people who leave just stop watching content? No, find other sources. Do some research arse clown
Posted on 4/19/22 at 8:08 pm to blueboy
With inflation the first thing people cut out when you need to tighten the belt is stuff like Netflix, cable packages, etc.
They’re nice to have but not as important as food on the table and keeping the lights on
They’re nice to have but not as important as food on the table and keeping the lights on
Posted on 4/19/22 at 8:08 pm to blueboy
quote:
The shares, already down more than 40% this year, tumbled as much as 24% to $265.11 in after-hours trading.
Now at 55% lost.
The company has lost it's way.
Not going to lie, the more things like this happen, the more the conservatives feel like they do have a voice!
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