ENTERTAINMENT Netflix shares crater 25% after company reports it lost subscribers

[livingston]

• Shares of Netflix cratered more than 25% on Tuesday after the company reported a loss of 200,000 subscribers during the first quarter.

• Netflix blamed increased competition, password sharing as well as inflation and the ongoing Russian invasion of Ukraine for the stagnant subscriber growth.

The company’s shares cratered more than 25% in extended hours after the report on more than a full day’s worth of trading volume. Fellow streaming stocks Roku, Spotify and Disney also tumbled in the after-hours market after Netflix’s brutal update.

Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years

It's the first time the streamer has reported a subscriber loss in more than a decade.

www.cnbc.com

 

[livingston]

‘Cuties’ Sparks Calls For Boycott Of Netflix | TODAY​

 

[fresch]

Go woke go broke, or with less.

 

[Catskillkid]

I have a feeling it has less to do with with controversy like "Cuties" and more to do with the fact that there's a million streaming services plus every network has their own version of streaming. Netflix used to be a one-stop-shop. No more.

For the record, I actually still get Netflix DVD's in the mail because my internet sucks for streaming.

 

[tirwin1]

Netflix blamed Putin for their subscriber losses? I see he has become the go to reason for anything bad.

 

[S&W Fan]

 

[fresch]

I can't pay my bills, that darn Putin!
Russia, Russia, Russia
Covid, covid, covid
Putin, Putin,Putin
Keeping the age of non responsibility alive.

 

[S&W Fan]

The mentally ill sheep love a good scapegoat.

 

[Bigfoot]

Trump's Putin's fault.

 

[prambo]

‘Cuties’ Sparks Calls For Boycott Of Netflix | TODAY​

This is why we dumped NetFux, and we know a number of others who dumped it for the same reason.

Regardless of reason, I hope the motherfucker burns down.

Anyone who would give a contract to Obola (the fake Kenyan) and his husband Mike are bottom-feeding shitweasels.

 

[TEOTWAWKI inc.]

I have been canceling every subscription I have as the price goes up over the last couple years. Amazon felt the best to let go.

 

[Acer-m14]

bye bye netflix .. he's expecting .. there newest release

read the article below ...

Elon Musk diagnoses Netflix's big problem after platform sheds subscribers, stock tumbles: 'Woke mind virus' | Blaze Media

Elon Musk, the world's richest man, has diagnosed the disease that he believes is causing Netflix's foreboding financial woes.What is wrong with Netflix?Netflix announced on Tuesday that it experienced its first net loss of subscribers in more than a decade during the first quarter of 2022. The...

www.theblaze.com

 

[Modean]

bye bye netflix .. he's expecting .. there newest release

read the article below ...

Elon Musk diagnoses Netflix's big problem after platform sheds subscribers, stock tumbles: 'Woke mind virus' | Blaze Media

Elon Musk, the world's richest man, has diagnosed the disease that he believes is causing Netflix's foreboding financial woes.What is wrong with Netflix?Netflix announced on Tuesday that it experienced its first net loss of subscribers in more than a decade during the first quarter of 2022. The...

www.theblaze.com

Musk is right. Catering to a tiny slice of humanity is not how you attract a broad audience.

 

[fresch]

bye bye netflix .. he's expecting .. there newest release

read the article below ...

Elon Musk diagnoses Netflix's big problem after platform sheds subscribers, stock tumbles: 'Woke mind virus' | Blaze Media

Elon Musk, the world's richest man, has diagnosed the disease that he believes is causing Netflix's foreboding financial woes.What is wrong with Netflix?Netflix announced on Tuesday that it experienced its first net loss of subscribers in more than a decade during the first quarter of 2022. The...

www.theblaze.com

A good turd will fix that.

 

[prambo]

NetFux stock is taking in up the poop chute - The Japanese series probably contributed quite a lot.

NetFux is going "uber Woke" - hopefully, they'll go "uber Broke".

Lost almost 50% from the end of OCT 21 - don't care what is causing it...but I like it...a lot.

 

[meketrefe]

The woke infested programing and garbage shows dont have anything to do with it, or do they?

Go Woke, Go Broke!

 

[Dr. Evil]

Hey Wall Street - It Wasn't That Hard To See The Future Of Netflix, Twitter, And Other Corporate Communists - CDM - Human Reporters • Not Machines

Speaking of lists, we put out the 'Freedom or Control List' after the 2020 election.

creativedestructionmedia.com