Netflix Sees Historic Subscriber Drop, Loses 126,000 Customers After Threatening to Boycott Pro-Life Georgia
Netflix’s latest quarterly report shows the streaming service giant experienced a chill in growth with its first quarterly loss of paid domestic subscribers in eight years. The dip in subscriptions came in the same quarter as Netflix’s decision to take a stance against Georgia’s pro-life “heartbeat bill.”
Netflix “on Wednesday reported a loss of 126,000 domestic paid subscribers compared with analysts’ expectations for a 352,000 gain,” CNBC reported. “Netflix also missed its own forecast for global subscriber growth by 2.3 million.” -- More...
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