Go to content

Netflix has lost 200,000 subscribers

Netflix has lost 200,000 subscribers
/ cyano66 / iStock / Getty Images Plus / Getty Images

For the first time in a decade, Netflix has lost 200,000 subscribers overall in the first 3 months of 2022. They blame this on fierce competition from other streaming platforms, the conflict in Ukraine, inflation, and the fact that there are over 100 million users who share their passwords with family and friends. 

They plan to improve the quality of programming and features. They are also testing a new subscription including one that charges a fee for sharing passwords. 

For years Netflix was the goto original streaming platform. One of the best features was there are no commercials or ADs when watching a tv show or movie, now with fierce competition such as Amazon Prime, Disney+, HBO Max, and more they may be forced to adapt more revenue through advertisers. 

Subscribe to our newletter!Subscribe to our newletter!
By subscribing, I agree to receive communications by email from Cogeco Média and its affiliates, including news, updates, activities and contests. You can unsubscribe at any time by using the link at the bottom of our emails or contacting us via our Privacy Policy. Please note, however, that we may still continue to send you service-related and other non-commercial communications. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Streaming will resume following advertisement.
The Weekend Breakfast
On air uptil 12:00 PM