• Latest
  • Trending
Netflix Loses 200,000 Subscribers, Expects to Lose Even More

Netflix Loses 200,000 Subscribers, Expects to Lose Even More

04/19
No Prison Time for Antifa-Linked Activist Who Fired at Jeep During Highway Protest

No Prison Time for Antifa-Linked Activist Who Fired at Jeep During Highway Protest

05/22
Red Power Ranger Actor Charged in Connection with COVID Relief Fraud Scheme

Red Power Ranger Actor Charged in Connection with COVID Relief Fraud Scheme

05/22
Lincoln Memorial Briefly Closes After Georgetown Grads Litter Area with Glass Bottles

Lincoln Memorial Briefly Closes After Georgetown Grads Litter Area with Glass Bottles

05/22
Fauci’s Alma Mater Set to Rename its Science Center After Him

U.S. Government Places $119 Million Order for Freeze-Dried Monkeypox Vaccines

05/21
ADVERTISEMENT
DOJ Announces New Hate Crimes and ‘Bias-Related Incident’ Measures

DOJ Announces New Hate Crimes and ‘Bias-Related Incident’ Measures

05/21
Charges Dropped Against Teen Rapper Accused of Shooting Police Officer

Charges Dropped Against Teen Rapper Accused of Shooting Police Officer

05/21
San Francisco Archbishop Bars Pelosi from Communion Over ‘Extreme’ Abortion Stance

San Francisco Archbishop Bars Pelosi from Communion Over ‘Extreme’ Abortion Stance

05/20
Hostile Hannity Torpedoes Kathy Barnette Campaign

Hostile Hannity Torpedoes Kathy Barnette Campaign

05/20
Canada May Soon Require Facial Recognition, Biometric Data for Air Travel

Canada May Soon Require Facial Recognition, Biometric Data for Air Travel

05/20
Former NYC Mayor Bill de Blasio is Running for Congress

Former NYC Mayor Bill de Blasio is Running for Congress

05/20
Philadelphia School District Encouraged Teachers to Attend Conference on ‘Kink’

Philadelphia School District Encouraged Teachers to Attend Conference on ‘Kink’

05/19
Protesters Demand ‘Free Speech’ Outside Facebook Headquarters

Protesters Demand ‘Free Speech’ Outside Facebook Headquarters

05/19
Sunday, May 22, 2022
Subscribe
SUPPORT
National File
  • Home
  • Culture
    • Christianity
    • Video Games
    • Marxism
    • Snowflakes
    • Free Speech
  • News
    • Breaking News
    • International News
    • Fake News
    • Exclusive
  • Politics
    • Gun Rights
    • The Swamp
    • Deep State
    • Supreme Court
    • 2020
    • 2022
    • 2024
  • Big Tech
    • Technology
    • Alt-Tech
  • Sports
  • Education
  • Rona’
SUBSCRIBE
  • Home
  • Culture
    • Christianity
    • Video Games
    • Marxism
    • Snowflakes
    • Free Speech
  • News
    • Breaking News
    • International News
    • Fake News
    • Exclusive
  • Politics
    • Gun Rights
    • The Swamp
    • Deep State
    • Supreme Court
    • 2020
    • 2022
    • 2024
  • Big Tech
    • Technology
    • Alt-Tech
  • Sports
  • Education
  • Rona’
No Result
View All Result
National File
SUBSCRIBE
ADVERTISEMENT
Home Culture

Netflix Loses 200,000 Subscribers, Expects to Lose Even More

by Cullen McCue
April 19, 2022
in Culture, Economy
Netflix Loses 200,000 Subscribers, Expects to Lose Even More
Share on FacebookShare on Twitter
ADVERTISEMENT

For the first time in more than a decade, Netflix reported that it had lost subscribers in the previous quarter. The streaming giant lost over 200,000 subscribers in the period while the company expects to lose close to two million in the current quarter.

The unexpected loss in revenue led to a 25% plunge of the streaming giant’s stock price in after-hours trading on Tuesday.

In order to make up for the loss in subscribers, Netflix will reportedly be cracking down on password sharing. In a letter to shareholders, executives estimated that many households are using the service without paying for it, by signing in under accounts of its 221.6 million paying subscribers, and that they hope to “reaccelerate” revenue growth “through improvements to our service and more effective monetization of multi-household sharing.”

RelatedPosts

Red Power Ranger Actor Charged in Connection with COVID Relief Fraud Scheme

Female Skateboarder Calls Out Red Bull After Trans Competitor Wins Tournament

FDA, Abbott Agree on Plan to Re-Open Shuttered Baby Formula Plant

ADVERTISEMENT

Netflix described cutting off password sharing as “a big opportunity” in the shareholder letter, stating that “these households are already watching Netflix and enjoying our service.”

According to MarketWatch, Netflix executives have already been testing methods that could curb account sharing. The company has not mentioned specifics, though their plan would likely involve IP banning. In March, the company said it started two new paid-sharing features, where current members have the choice of paying for additional households, in three markets in Latin America.

“While we won’t be able to monetize all of it right now, we believe it’s a large, short- to mid-term opportunity,” the company said. “As we work to monetize sharing, growth in ARM (average revenue per membership), revenue and viewing will become more important indicators of our success than membership growth.”

ADVERTISEMENT

Price hikes are believed to have been a large driving factor in the company’s hemorrhaging subscriber count. Netflix recently increased its prices in the U.S. and Canada after upping them the year before as well.

Increased competition is also thought to be cutting into the company’s revenue. Netflix once held a monopoly on mail-in DVD rentals, and more or less held one on streaming in the early 2010’s. This is not the case anymore, however, as Netflix now has numerous big-name competitors in Amazon, NBC and Disney, to name a few.

RELATED: Netflix Asks Federal Judge to Halt ‘Cuties’ Child Porn Indictment

Tags: EconomyNetflix

ADVERTISEMENT

Related Posts

Red Power Ranger Actor Charged in Connection with COVID Relief Fraud Scheme
Culture

Red Power Ranger Actor Charged in Connection with COVID Relief Fraud Scheme

May 22, 2022
Female Skateboarder Calls Out Red Bull After Trans Competitor Wins Tournament
Culture

Female Skateboarder Calls Out Red Bull After Trans Competitor Wins Tournament

May 19, 2022
FDA, Abbott Agree on Plan to Re-Open Shuttered Baby Formula Plant
Economy

FDA, Abbott Agree on Plan to Re-Open Shuttered Baby Formula Plant

May 16, 2022
Load More
ADVERTISEMENT

Follow on Insta

  • #Biden Blames #TuckerCarlson for Buffalo Massacre

The president said anyone who talks about replacement "theory" is to blame
#linkinbio
  • Child #sexabuse Center Hires Academic Who Wants to ‘Destigmatize’ #Pedophilia
Allyn Walker wants pedophiles to be referred to as "minor attracted" people in order to "lessen the stigma" 
#linkinbio #childabuse #grooming
  • #Biden #babyformula Crisis Ensnares The Biden Regime And Leads To Scrutiny of Gates-Bezos-Zuckerberg Artificial Breast Milk
The Globalists Want To Go From Chaos To New World Order

#linkinbio
  • Trump Beats Joe Manchin in West Virginia Endorsement Battle
Democrat Joe Manchin
  • Rioters Burn Sri Lanka Leaders’ Homes Amid Economic Crisis
#linkinbio #riot #srilanka #like #share #save #follow #comment #fire #arson #economics #economiccrisis
  • Arizona Parents Sue School District After Former Pres Compiled a ‘Dossier’ on Political Opponents
#linkinbio
  • Amazing Footage of Baby at 20 Weeks Gestation Shows Budding Personality, Detailed Features
Read the full story in National File #linkinbio
  • UPenn, Sponsor of Biden’s Think Tank, Profits From Vaccines And Had Staff Shakeup Over Foreign Money Including ‘CHINA’ Money
Staff Shakeup At UPenn Occurred As Staff Questioned Where The China And Other Foreign Money Was Going
Read the full story on National File #linkinbio
  • Exclusive: Ethan Ralph Responds To Getting Swatted Outside the Supreme Court

Read the full story on National File #linkinbio
  • J.D. Vance Wins Ohio’s Heated GOP Senate Primary
Both parties see Ohio
Facebook Twitter Reddit Telegram RSS

Category

  • 2020
  • 2022
  • 2024
  • Alt-Tech
  • Big Tech
  • Borders
  • Breaking News
  • China
  • Christianity
  • Civil Unrest
  • Climate Hysteria
  • commentary
  • Coronavirus
  • Culture
  • Deep State
  • Economic War
  • Economy
  • Education
  • Election Integrity
  • Elections
  • Exclusive
  • Fake News
  • Fake News Media
  • Feminism
  • Free Speech
  • Gun Rights
  • Hate Hoax
  • Human Trafficking
  • Immigration
  • Impeachment
  • International News
  • LGBTQ
  • Life
  • lifestyle
  • Marxism
  • Movies
  • National Security
  • Nationalism vs. Globalism
  • News
  • Opinion
  • Opioid Crisis
  • Politics
  • Radical Islam
  • Related Stories
  • Sex Crimes
  • Snowflakes
  • Soros
  • Sports
  • States
  • Supreme Court
  • Technology
  • The Hill
  • The Swamp
  • Video
  • Video Games
  • Violent Crime
  • Vote fraud
  • Voter Fraud
  • Voter Fraud Investigation
  • White House
  • Wholesome News

Recent News

  • No Prison Time for Antifa-Linked Activist Who Fired at Jeep During Highway Protest
  • Red Power Ranger Actor Charged in Connection with COVID Relief Fraud Scheme
  • Lincoln Memorial Briefly Closes After Georgetown Grads Litter Area with Glass Bottles

© 2022 NationalFile.com National File, LLC. Privacy. Corrections. About Us. All Rights Reserved.
Have any questions or suggestions? If you are having difficulty unsubscribing from our mail subscription please send an email here [email protected] Want to advertise with us? Please email: [email protected]

No Result
View All Result
  • Home
  • Politics
  • News
  • Culture
  • Coronavirus
  • Sports
  • 2020
  • Breaking News
  • Civil Unrest
  • International News
  • The Swamp
  • Big Tech
  • Deep State
  • Voter Fraud
  • Marxism
  • Free Speech
  • DONATE
  • SUBSCRIBE

© 2022 NationalFile.com National File, LLC. Privacy. Corrections. About Us. All Rights Reserved.
Have any questions or suggestions? If you are having difficulty unsubscribing from our mail subscription please send an email here [email protected] Want to advertise with us? Please email: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In