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Re: HA GO FIGURE,,, After Giving Millions To The Obamas, Netflix Loses Subscribers in U.S. for First Time Since 2011
By: Zimbler0 in
POPE 5 Sat, 20 Jul 19 8:23 PM
Netflix lost subscribers during its second quarter of 2019, and it's down to a few big reasons including pricing hikes and the quality of the content on offer. Netflix remains a dominant force in the world of streaming services but this loss of subscribers — 130,000, to be precise — for the first time in eight years is a notable loss.
As the streaming service market prepares for a boom with competitors like Apple TV+, HBO Max, and Disney+ about to launch, Netflix must figure out a way to hold on to its subscriber base if it wants to remain top dog. Factors like pricing, the amount of content offered, and the quality of said content will need to be zoned in on to avoid future mass subscriber departures like the one that happened during Netflix's second quarter.
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So . . . New competition and price hikes
have shellacked netflix.
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