Netflix loses 200,000 users in the first quarter of 2022 and its shares plummet more than 26%


The results for this first quarter of 2022 they have not been very good for the video on demand giant, Netflix. Instead of entering 2.5 million new users, in these three months of 2022 it has seen has lost 200,000 usersa figure that may seem ridiculous for the total managed by the company, but if it is the first time that subtract subscribers in ten years. This has caused the company’s shares to fallen more than 26%.
Geeknetic Netflix loses 200,000 users in the first quarter of 2022 and its shares plummet more than 26% 1
In this way, Netflix is ​​now considering include a cheaper subscription service than the current ones in exchange for receive advertising. The CEO of Netflix is ​​not in favor of this in favor of a quality service, but he also knows how to listen to his audience and offer what they demand. The growth is expected be much slower and where it is expected from the most popular streaming video service a loss of 2,000,000 million users plus. To this must be added the 700,000 fewer users since leaving Russia.
Geeknetic Netflix loses 200,000 users in the first quarter of 2022 and its shares plummet more than 26% 2
To the relief of Netflix, these are not the only ones that have lost in the stock market, Roku, Walt Disney and Warner Bros also fell 6, 5 and 3.5% respectively since weak growth predicted at the beginning of this year. End of Article. Tell us something in the Comments!

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