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Friday, 24 March2023

For first time in over a decade, Netflix has lost subscribers

For first time in over a decade, Netflix has lost subscribers

<p>In the first quarter of 2022, Netflix&#39;s effort to increase its member base took a turn for the worst. In comparison to Q4, the company lost 200,000 users internationally, and it expects even higher losses in the future. In the second quarter, Netflix expects to lose up to 2M&nbsp;customers. As it aims to maximise revenue from the people it already has, the streaming giant has recently signaled that it will tighten the screws on customers who share passwords and login information.</p>

Read full story at The Verge
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