Friday, 24 March, 2023

Netflix losing more long-term subscribers: Survey

<p>Long-term Netflix subscribers are canceling their subscriptions in large numbers. Last quarter, the number of cancellations reached 3.6M, up from 2.5M in the previous five quarters. Newer subscribers are responsible for a decreased percentage of cancellations. In the first quarter, Netflix lost 2 lakh subscribers. It&#39;s the first time in almost a decade that it&#39;s lost subscribers. A less expensive ad-supported option is in the plans, as is livestreaming.<br /> &nbsp;</p>