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- In a trading update on Tuesday, Netflix said its total number of subscribers had fallen by 200,000 in the first three months of 2022, falling well short of its target. It also said some two million more were likely to quit the service in the three months to July.
www.bbc.co.uk/news/business-61173561$50bn wiped off Netflix’s value as subscribers quit - BBC News
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Apr 18, 2024 · Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service’s future growth.
- mliedtke@ap.org
- Technology Writer
Apr 18, 2024 · The change comes after a quarter where it added 9.3 million subscribers, growing to more than 270 million members globally. Subscriber count meant everything in the early days of streaming.
- Emma Roth
23 hours ago · We’re sure Netflix, with its 270 million global paid subscribers (and growing! Wall Street forecasts that number will climb past 275 million with Thursday’s update), isn’t too worried about ...
Jul 19, 2022 · In recent months, fewer people have become willing to take their chances on the streaming menu, with Netflix losing nearly one million subscribers between April and July - although that was...
Apr 21, 2022 · Shares in Netflix have slumped by 35% after it revealed a sharp drop in subscribers and warned millions more are set to quit the streaming service. It wiped more than $50bn off the firm's...
Jul 19, 2022 · Netflix has said it will jumpstart growth with a new ads-supported service and by clamping down on password sharing - which one study estimated was costing Netflix $6bn a year.
Apr 19, 2022 · The best-case scenario is this one: Even with this quarter’s loss and next quarter’s loss, it will have 219 million subscribers — way more than any of its competitors.
