Netflix blames account sharing for first subscriber loss in a decade
source link: https://appleinsider.com/articles/22/04/19/netflix-blames-account-sharing-for-first-subscriber-loss-in-a-decade?
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A quarterly report delivered to investors on Tuesday revealed that the streaming service had lost 200,000 paid subscribers, citing COVID concerns and other factors.
Comments (31)
Xed
said about 14 hours agoThe drop is because their content just doesn’t cut it as well in an increasing competitive streaming market, not because people are now just learning they can share accounts.
Personally, Netflix has dropped in usage in my household considerably in the last couple years as others—especially Apple TV+—has increased in usage. Even Paramount+ and Peacock get my household’s eyeballs a lot more than Netflix.
I wish Netflix’s blockbuster-wannabe, comedy-action films with big stars, like Red Notice, we’re better, but they aren’t even great as bubblegum movies.
Japhey
said about 13 hours agoLol, I remember Netflix saying they didn’t expect any meaningful impact to their market share when Apple and Disney released their + services a couple Novembers back. Now, instead of admitting they were wrong, they have to make shit up? The quantity over quality approach to justify price increases isn’t going to cut it anymore with so many other options available these days. I see their numbers continuing to slide until they get that through their heads. As soon as Stranger Things 4 is binged next month, Netflix will be gone in my house as well.
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