https://www.breitbart.com/entertainment/2022/07/19/netflix-carnage-loses-1-million-subscribers-largest-loss-of-customers-in-company-history/
Netflix Carnage: Loses 1 Million Subscribers,
Largest Loss of Customers in Company History
Breitbart Entertainment, by David Ng
Posted By: Imright, 7/19/2022 7:16:52 PM
The carnage at Netflix keeps getting worse. On Tuesday, the far left-wing streamer revealed that it lost close to 1 million subscribers in the second quarter — the largest quarterly loss of customers in the company’s history. Still, shares of Netflix jumped more than 10 percent in after-hours trading because the bad news wasn’t half as bad as investors had expected. Netflix reported 970,000 customers quit the service during the quarter, a continuation of the mass subscriber exodus that began earlier this year. Netflix had forecast a net loss of 2 million subscribers for the second quarter, while analysts were expecting a loss of 1.4 million to 1.8 million.