Netflix U.S. Subs Drop in Q2 After Price Hikes, Company Blames Global Forecast Miss on Content Slate

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For the first time in eight years, Netflix has lost subscribers in the U.S.

“Our missed forecast was across all regions, but slightly more so in regions with price increases,” the company said in announcing results. Netflix said it didn’t believe competition was a factor for the subscriber miss: “Rather, we think Q2’s content slate drove less growth in paid net adds than we anticipated.

Netflix posted revenue of $4.92 billion, in-line with Wall Street’s $4.93 billion forecast, and earnings of 60 cents per share . With the traditional media giants rolling into its space, Netflix also is set to lose popular licensed shows like “Friends” and “The Office” . Currently, content from NBCU, Disney/Fox and Warner Bros. accounts for 60%-65% of Netflix’s viewing hours, and over time much of that will be pulled back, according to Wedbush Securities analyst Michael Pachter. “[W]e expect the migration of third-party content to be relatively slow,” he wrote in a note last week.

 

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I left bc i got bored and that was last year

Might be because they push deviancy and pedophilia.

The Obama affect.

drawandstrike Could only watch Mad Men 8 or 10 times.

Go woke, go broke netflix

Maybe if their shows were more entertainment and less propaganda, they would fair better. That’s what you get for brining the Obamas and Susan Rice to the table. 🤷‍♀️

Obama’s

Too many Restricted shows. Not enough Family content.

drawandstrike Maybe hiring Susan Rice wasn’t such a good idea. Never forget Benghazi! Benghazi

I don’t pay into anything Obama touches. Dropped them when I heard.

Get woke, go broke. You don't have to push the agenda so hard in everything you make. Case in point, Punisher season 3.

drawandstrike Shouldn’t have hired Hussein and his husband or that liar Susan Rice.

Just too politically correct. Propaganda machine. From top to bottom. Can’t give u my money anymore. Dollars are votes.

Must be preparation for the Obamas

50 million-dollar deal with the Obama's and Valerie Jarrett on the board has a lot to do with that, I'd guess.

So Obama is doing to Netflix what he did to the country- engineering failure.

drawandstrike Cancelling my LibFlix today, they're getting ready to lose one more... I'm sure 0bama can save them...

drawandstrike Lololol awwwwww less subscribers huh

Their format sucks, their shows suck, nothing under one roof anymore,no nostalgic content(that is what sold Netflix!!!) and straight up pedophilia and Satanism on the platform.

excellent news.

Um don't cancel the good shows then, cancel the crap ones

Fuck Netflix

I canceled when they threatened to pull out of Georgia because of our abortion ban. I don’t want my money going to pro-abortion activism.

I canceled due to their public support for abortion.

Once the office is gone, people will be leaving in droves

I have never once found a movie I was looking for on Netflix. Never once. I get in the mood to see a certain movie....do a search and... nothing nada never. I'm about ready to dump Netflix too. Too many foreign films too. This is America. I don't want dubbed movies or captions.

Stranger Things have happened.

We got rid of Netflix because they got political & decided they would pay to bring a state to court so babies could be killed. Found much better programming to watch somewhere else.

maybe if netflix spent more money on acquiring the rights to stream my favorite kinos instead of producing shitty shows, they'd get more money.

If everyone quit using other people’s log in Netflix base would increase by at least 25%.

Yeah? Good. Stop giving money to people who hate you.

Great news! So maybe the Obama/Rice takeover of Netflix wasnt such a great idea after all.

Hey Netflix, I'm trying to help. Stop grooming all of America. You could show someone drinking a glass of buzzard vomit in every series too but I won't start drinking buzzard vomit nor ever think it's cool to do so. Same with the gay you inject into every fucking show. Stop.

Probably bc more people are figuring out the free month loop hole. 😁

They've become a mess. Hardly anything worth watching anymore.

Purely more competition, many of which are taking away movies and tv shows. My Netflix account is now filled with mostly Netflix made movies and shows.

ObamaRiceFlix... Any questions?

Good.

Tell them to stop making mediocre teen romances and start making good shows and movies.

I don’t watch it anymore, but I keep it for cartoons for my daughter. Any other good alternatives?

We lost Gypsy for two years and now are our heart break in thousend pieces. This was and is painful canceld after six weeks.

the only good thing they did since the daredevil cancellation was saving lucifer just to end it on season 5 . they keep deleting and cancelling great shows and mostly talk about 3 shows (stranger things, riverdale and money heist) over and over again . netflix became cringe asf .

them prices way too high they need to cut it

They’ve been acting real smart canceling good shows knowing that HBO and Hulu have great options and that Disney Plus is coming out soon :/

Maybe if netflix didn’t cancel their show like Sense8, the Marvel shows or Everything sucks without giving them a proper ending first people would stay BringBackSense8

Netflix should’ve expected this after the sense8 cancellation 🤷‍♂️

First time ? So the whole planet was there for them ? Lies

Netflix right now:

better

Cool, fuck the entire idea of perpetual growth and the nightmare cash-vultures that rely on it to turn their millions into billions. Kill every billionaire.

Should've payed for fly me to the moon

Maybe don’t replace good movies like white chicks and mean girls with shitty movies that have Noah centineo and all those corny teen shows

About time

shocking considering they cancel all of their good shows

well my account logged me out and said it doesn’t exist anymore so 💀

cuz of friends i guess

This is karma...

💞💥💞 Do you miss Sense8? Do you want to see it continued? You can help! ShareSense8! Share love! 💛 💞💥💞 If we stay together there's nothing we can't do ~ Love is a bridge and not a wall, if let be! netflix RenewSense8! 💥

tiene sentido

Netflix posted cringe?

You should’ve been kinder with Sense8 and take Shannara Chronicles Netflix.

High rate in India lmao.. Gain from India challenge

i’m unsubscribed until we get stranger things 4 tbh

Maybe don't cancel shows after two seasons shitbirds

e o que a millie tem a ver? ridículos

good news, rEALLY GOOD NEWS

When every network has it's own sub service of course the base is going to cannibalize itself

I mean, they must've just posted cringe I guess...

I mean...they canceled a ton of good shows.

They canceled too many shows that people like. Their whole “2-3 seasons and out” business plan is not sustainable. Eventually, people will no longer want to become invested in shows that will disappear on them.

So what?

Physical media baby. None of that censored shit 😂

You cancel Daredevil, we cancel you!

Karma bitch!

... i wonder why

They shouldn’t even think about taking the office off if they wanna keep their subscribers.

Because Netflix cancels their own originals that have a decent fan base to keep throwing money at shows that they aren't able to keep NoSense8NoNetflix

Don’t say we didn’t warn you

Good riddance

It’s bc all they have now are freaking netflix originals.

We need Sense8 back!

Shouldn't have cancelled Daredevil

Hey, awesome.

This is netflixs punishment for not giving robin more screentime

they did this to themselves tbh

Because streaming platforms are becoming individual monopolies and I’m sick of paying for Netflix for the 2 shows on there that are good. Sick of the individual licensing

Marco Polo was so slept on! Just cancelled it without a real ending. Plus my selection is always movies in Korean for some reason.

Prices up, subscribers down

Dude they posted cringe

So you cancelled shows like Sense8 and ODAA. You add shows like Friends (we like it but make it STOP already). Renew shows like 13RW. 🤦🏿‍♀️ I mean....

*laughs in one day at a time*

Its only natural. Things can only get so big before it even out or even drops some

everyone in this thread posting daredevil is an idiot

Well netflix shouldn’t cancel good shows like santaclaritadiet on a cliffhanger.

bring back clone wars and maybe they won’t

Because the best part of Netflix was always older shows......now they are just throwing money at all this new content.....90% of which is garbage. No thanks.

This kind of crap is one reason.

I dropped Netflix because it suddenly stopped working and support seemed uninterested in helping me fix it. And now it’s summer so who has time to watch tv anyway

oh really?hmmm 😏

Stop posting cringe then

Bring back the 5 star ratings

Bring back Daredevil and we can talk about resubbing

I like how they toned down the smoking in stranger things but a dead girl and a kid getting sodomized noooo let's keep that.

Netflix conveniently priced themselves out of competition. Many like myself simply took our money and spent it on another streaming service instead.

We accept this but can we agree that it is obvious it wasn’t Netflix the one who choose to cancel Matthew?

maybe if netflix stanned peppa this wouldn't have happened

That's what happens when you remove star wars the Clone Wars

This is what happens when you associate with disney..... The ruin everything

Daredevil and Punisher fans

Stop cancelling shows the. Most people joined up because of the fresh content free from terrible networks. Now netflix is killing them off and losing consumer trust, just like networks have.

One possible solution is to make it less shitty

shouldn’t’ve cancelled everythingsucks!

It’s because they took Malcolm in the middle and How I Met Your Mother off and they’re taking the office off soon

It’s almost like they forgot why people use them.

maybe if they didn't cancel Daredevil and Punisher🤭

Continually raising prices while having less quality content? I’m not surprised, netflix.

If it weren’t for Star Trek and the fact that like 3 people use my account I would probably get rid of it myself to be honest

Bring back SantaClaritaDiet

Probably from canceling all the shows people want to watch while raising prices

Who cares?

Get Flight of the Conchords to do a third season.

Did they post cringe?

Stop making superhero garbage and 'comedy' that isn't dave chapelle.

unsustainable late stage capitalism

That's what they get for canceling their good shows

Is it possible Republicans actually did cancel over Obama?

It will continue to drop with all of these new streaming services. Until there are too many.

Good, fuck them

Heh, almost like when you tell white people you hate them, they stop giving you money

The only clear way to fix this is to punish those that stayed with a higher monthly fee.

Maybe cancel awful shows like 13 Reasons Why and stop canceling great shows? HINT: The person that owns the credit card at home and pays the subscription is not the kid watching bad shows 🤔😬

If they guarantee 5 more seasons of Mystery Science Theatre 3000, I’ll open a second account.

I swear they must think that investing 100 million of dollars on fucking Friends was a good idea....

Does this mean we can finally get Sense8 and Voltron: Legendary Defender on Blu-ray? That's the only way you're going to make any more money off of me, netflix.

They cancelled all the defenders shows, what do they expect. Plus, Disney is removing all their content as well 🤷🏻‍♀️

Bring back the ratings and the descriptions.

Once they cancelled Luke Cage&Dare Devil I was done!

Face it. They blew it.

good

They posted cringe bro

I was unsuscribed cause the SJW agenda reflects itself on Netflix, they're pro-abort also. The only thing that is worth in flix is Star Wars. Disney is exactly the same case, so FO their new platform. It's just my case, btw.

netflix maybe you should cancel your trash shows and invest in the content we want

This doesn't surprise me. When they thought to cancel show after two seasons now because new subscribers slow down, they didn't really consider the people who were staying subscribed for those shows. Shot themselves in the foot trying to be clever.

Removing seasons 1-5 of DrWho annoyed me the most. I rarely watch any of Netflix’s “original productions” (except StarTrekDiscovery). The only stuff I enjoy watching atm is RickandMorty and FinalSpace.

Bring back Santa Clarita Diet and kill autoplay trailers and we'll talk.

Honestly with so many studious making their own services and taking away content, Netflix is slowly becoming not worth the price

They also had one of their highest subscriber amounts 1st quarter.

that's what they get for cancelling shows and they can't even add old shows properly.

Get Woke Go Broke⚡️

netflix stop letting the algorithms do all the work and just show me the new stuff that is new and FOR GODS SAKE, LET ME WATCH THE DAMN CREDITS or you can watch another one leave.

NFLX is not a sustainable business model. They have been borrowing on 10 yr notes to pay for 4 yr licensing deals.

No kidding, I cut my subscription months ago. Their original programming is too political. They also have zero content beyond Bollywood that isn't produced by them. No thanks.

Maybe because they axed almost all the good shows and now just have woke cinema and Obama specials

More competition and increasing prices. Not to mention an offering that’s looking increasingly algorithm based rather than inspiring.

Put Buffy back on it you cowards.

That's what happens when you put out anti-communist propaganda

bring back sense8

What a surprise...

Shouldn’t have posted cringe

Stop increasing the prices to the point where its cheaper to get other options. They canceled fan favorite shows while also increasing the price.

Stop with all the audio previews, I never browse Netflix anymore, only go when I know exactly what I want to watch

Maybe cancelling all your Marvel shows was a mistake?

NETFLIX! You have posted cringe! You’re going to lose subscriber!

They keep increasing the price

They lost me. HBO Now is way better. They have actual, wait for it, movies

Fire stick

Tbh it’s flooded with too much crap for the sake of churning out content, the keep raising prices regardless of how long you’ve been a customer, and they don’t properly promote their original content outside of the platform itself. Just my opinion

Netflix is probably entering its final years considering all the competition.

They cancel the shows I care about, and hulu does better on repackaged goods. So I switched.

Get woke, go broke!

What do you know, when you stop showing any respect to the people who pay for your service, they stop doing so.

maybe because they’ve raised the price by 50% just a guess tho

Netflix should revive Firefly. Honestly. It would explode with subs.

that's what they get for cancelling sense8 and odaat

Good.

That's what happens when you get rid of all the Kurosawa movies on your streaming platform.

They cancelled Daredevil and the rest of the Marvel shows. Not surprising that they lost viewers. I cancelled my subscription months ago.

that’s what happened when you cancelled odaat and santa clarita diet instead of riverdale and 13rw........

See now, when we post cringe...

That’s for cancelling Daredevil.

Too many original shows and movies no one cares for enough to pay rising fees.

Shouldn’t have canceled so many shows lmao

it begins

Too many steaming services are popping up, people are just restoring to pirating now.

*pours out 40 of ether* TVIsBunk CorporateCultureKillsOnContact

netflix do you think this might have something to do with how your interface interprets a one second pause as a cue to play a trailer? Who designed your interface? Dennis Hopper?

Disney is bleeding them dry. Without Disney they lose all Fox owned shows AND Marvel. And Lord knows DC ain't putting out anything !

karma

It also doesn't help they are pro-liberal and promote garbage remakes or politically correct stuff. Which 90% of the audience dislikes.

they have nothing really worth watching to be fair. Their anime and cartoon selection is piss Netflix originals are lame Castlevania STILL isn't back yet. Its mostly movies nobody has any interest in, like generic action movies. and bollywood, LOTS of bollywood

Must have posted cringe

If they return the mist maybe I'll return as well

I am telling you three times: This is not a disaster. This is not a disaster. This is not a disaster. Untrammeled exponential growth, as an expectation, is INCREDIBLY UNHEALTHY. For the survival of our species, we need to excise it whole from our collective consciousness.

Well, who would've known that dramatically raising prices whilst simultaneously lowering the variety/quality of your movie/show lineup wouldn't be a good business move 😒

netflix may say it's because it was a 'light content' quarter, my bet is that it's because it's the only streaming service that auto-starts, with full audio, every fraking show you browse through instead of just letting you decide what you want to stream in peace. Awful UX.

bc they cancelled odaat and only gave lucifer one more season... you be the judge of it

Instead of continuing good shows like American vandal and daredevil, they make new seasons of shows that don’t need it like 13 reasons why.

netflix maybe if u stopped renewing 13rw and riverdale lol

Stop cancelling shit and give us more seasons of things we ask for

Cancelling One Day at a Time really killed it for me. What a poor choice.

It's bc netflix cancelled Santa Clarita Diet. Keep cancelling your originals, see what happens. Not every show has to be the next stranger things for it to work.

Maybe if they wouldn’t cancel their best shows!!! SantaClaritaDiet

That are getting squeezed by the big guys. They always knew that they were going to get squeezed. That is why they raised the prices right before all the big loses to build up some funds for the lean times ahead. I seriously doubt this news is a surprise to Netflix.

I was one of them. With so much good content out on multiple platforms, veteran subscribers can no longer justify the increased costs.

Or “ for the first time in 8 years Netflix realizes people share their passwords with other people” lol

They cancelled Daredevil.

Yeah cause US Netflix sucks compared to it in Europe

I'm almost done with Netflix simply because they don't allow VPN's. I run everything across a VPN because of ISP tracking. And these assholes have my ccard billing address. They damn well know I'm in the US. After the next Castlevania season I'm done.

Maybe because theres nothing left on netflix anymore because you keep pulling all your shows

I predict we will end up back into a curator similar to cable tv. Cable tv has numerous channels you pay for all at once, or by genre. There will be so many subscriptions that a bigger company will offer all subscriptions for one cost similar to how cable have all channels.

You mass cancel a lot of quality shows, that'll happen

I mean I can see why many other networks are making their own and this leaves Netflix to cancels shows since the companies who own will put it on their own stream services

I’m about to cancel myself. So sick of the woke programming Netflix has a program made for teenagers that makes suicide look cool, which kids are imitating. They have a drag queen for 5 year olds program. It’s to much

All their original content sucks and companies are pulling their shows for other services. Not really a surprise

get woke go broke

Bro they posted cringe

that’s what they get for canceling santa clarita diet on a cliffhanger, bastards

So much of their streaming content is crap, why is anyone surprised

So constantly raising the prices while cancelling most of the good shows (Marvel, Santa Clarita etc) and throwing away 100mil on a 10+ year old show for one year isn’t a good business plan?

Have they retraced their steps? That helps me finds I lost.

Let me guess they posted cringe

The issue with sub growth being the sole focus, is that retaining subs got lost.

They lost Jessica Jones, Iron Fist, The Punisher, DareDevil, and Luke Cage. And for what? Friends? They also passed on for seasons of One Day at a Time. I mean really, who wants to watch a network without good shows?

Who cares about exponential growth? Can something just be fucking sustainable for once?

Firefly fans remember. They take off good shows to make way for garbage, because the lowest common denominator makes the highest profit.

Well stop raising the price and stop cancelling good shows after 3 seasons.

They should make more shows like Sense8 and Marco Polo? Make more shows and films with more diversity

Okay, everyone talking about how their favorite X show is canceled by Netflix is wrong. Most of the shows Netflix has 'cancelled' is because the people who own the IP (like marvel for daredevil etc.) are pulling their shit because they all want to launch their own paid platforms

Maybe they shouldn’t be raising prices while delivering less content.

They must have posted cringe

Good. I'm from the UK and I'll be leaving soon too. No consideration for the fans at all. They could have pushed for luciferseason6 but my favourite show will soon be ending. No doubt I'll have to wait years for the blurays as well.

It’s only gonna get worse when they lose Friends at the end of this year

I’m not the biggest fan of Netflix. Especially with the last price hike they did. But I need netflix cause my parents mooch my Netflix and they aren’t gonna pay for it. I get Hulu free through my mobile provider. I don’t even need Netflix. But I have to have it

They should have attempted to buy Colony when it was canceled last year many are still upset about that... can’t say I feel too bad about that colony

Well, they let One Day at a Time go to a CABLE TV CHANNEL instead of giving it a fourth season, so this pretty much sums up their commitment to the shows they produce.

it's almost like they doubled their pricing

I'm waiting for season 3 of The Crown. I'm still pissed they cancelled Daredevil, but love that they added Outlander season 1 and 2.

that’s what they get for cancelling american vandal

Posted cring, what do you expect

They renewed 13RW and keep cancelling good shows no wonder that this is happening

maybe bring back daredevil and the defenders?

SaveDaredevil

maybe if they cancelled 13 reasons why

i miss Daredevil & Shadowhunters

👀 Shudder

Happy I cut that cord to the Marixst propaganda!

Netflix cancelled excellent shows and then the 90% of new shows and movies Netflix added aren't even in English. At least have those foreign shows dubbed like they did with DARK.

That bubble is about to pop

Tired of the rate increases

Netflix keeps posting cringe so they lose subscriber

Get woke, go broke.

Finally some good news

I canceled Netflix about three, maybe four, years ago. Too much disgusting filth was the reason.

I don’t want to watch your straight to DVD equivalent movies, netflix. Show me what I signed up for.

A lot of misses on their original programming.

Good, Netflix sucks.

If every other fucker stopped making their own streaming service then more people might stick around.

yeah it really makes u wonder why

Maybe if they stopped wasting money on series everyone has seen 20 times and put it towards loved originals and new content they get the subscriber count back.

it’s bc they’re taking off the office (not their fault but)

They need a better ratings system, more personalization and a cheaper subscription options that include commercials.

Consider getting better horror movies and not auto playing shit when we hover on it?

Yeah, can't imagine why Wait Oh yeah, canceling multiple smash hit shows. . That might do it.

SaveShadowhunters and I bet they’ll get them all back!!!!! netflix ConstantinFilm mmoszkowicz reedhastings

bringbackSantaClaritaDiet

*** blockbuster videos has entered the chat

I like how people seem to think it was Netflix’s decision to cancel Daredevil 😂 Their hands were tied, there was nothing they could do

Bro they posted cringe

I mean Netflix posted cringe what did you expect to happen

Maybe they should stop editing out scenes from their shows because of pc outrage mobs

Cancel 13 reasons why and bring back marvel tv shows

OrangeGrove55 Why are people surprised?

Maybe don't cancel the Marvel shows and shows like Sense8

Them fuckers raised the prices what did you expect

Everyone else: B/C you canceled Daredevil :( :( :( Me: I was about to finally watch Spider-Man 3...

Well, they canceled the entire Marvel show slate people enjoyed and from what I hear, a whole lot of shows people loved, like Sense8, The Get Down, Santa Clarita Diet etc. What the hell were they expecting?

uncancel santa clarita diet bitches netflix

Ha. Shouldn't have canceled Daredevil, netflix. It was your best show. SaveDaredevil marvel

idk maybe don’t cancel the get down next time

things about to get way worse for them after disney+

Good.

Daredevil cancelation was my reason to leave SaveDaredevil

They need to put out more good content and stop cancelling good series

Daredevil 😢

That’s what you get for not renewing Daredevil netflix

Cringe

Oh I wonder why.....

The quality of most of their shows have decreased over the last couple of years, so this news isn't really surprising.

Didn't they just pick up another 2.5 million? This is more a holy shit how do I pay for 50 streaming services issue then it is a Netflix issue in my opinion. How do they expect normal people to pay for all this

I wonder why Daredevil ThePunisher LukeCage IronFist

Netflix is about to lose 90% of it's catalog. No more Disney, fox, warner media, NBC, ect. Yet they are still rasing their prices. All you need now is Hulu, Disney +, and HBO Max.

ctellallsports

I call it justice.

maybe if they didn't cancel daredevil

bro they just posted cringe

Shouldn’t have cancelled Sense8

get rid of FRIENDS and THE OFFICE and you just wait netflix

savedaredevil

GraceRandolph Yikes

Bro you deleted Daredevil, you’re gonna lose 1 subscriber

savedardevil

I wonder why.wink wink.

Well when you air crap that no one asked for or berate fans for not liking what you tell them to like or find lingering flaws in it (cough - She-Ra - cough), this is bound to happen.

EITMonline Obama strikes again

Maybe if they stopped hiking the price every year, and stopped cancelling original series like SantaClaritaDiet, they’d stop losing subscribers. Just a thought.

People are finally waking up😂😂

I ain't forgiven. SaveDaredevil

maybe if they had put shadowhunters back on and gave it more seasons..

That's what they get for cancelling The Get Down

Well no shit they don't have a proper balance of originals, old movies and new, and everything inbetween.

Almost like people are tired of having relentless globohomo diversity horseshit shoved down their throats. I canceled my Netflix a while ago.

hulu is the place to go for the best sitcoms (brooklyn 99, its always sunny in philadelphia, superstore— even ones netflix has like parks and rec and the office) so netflix is really irrelevant now

Maybe they shouldn't have canceled Daredevil.

Cuz they’re takebig quality away like daredevil and putting shit in there

They cancelled Hannibal

domdelport Hows that pandering to SJWs wkg 4u? 🙌😂🙌😂🙌😂🙌😂🙌😂

Netflix’s karma for cancelling great shows 👏👏👏 Sense8 ODAAT OneDayAtATime SantaClaritaDiet Chelsea Disjointed Netflix

Thanks Obama

They cancelled Santa Clarita Diet .

It’s partially driven by lack of interest in new content. But really it’s about 2nd Q rate increases. Follow the money. But they’ll be an easy rebound in Q3. When people acclimate to rate increase and once again, sign on in record numbers. No biggie.

SaveDaredevil

No more daredevil, punisher, lukecage... no more money.

Cause Disney is going away

Bro you just posted cringe, you are going to

Not surprised, Netflix is a connoisseur in the posting of cringe

SaveDaredevil

That's what happens if you fuck with too many franchises. Now everyone is afraid of catching their std's

Stop cancelling all your good shows for no reason and maybe this wouldn't happen. Why nix Santa Clarita Diet, for instance? I'm pretty sure it was doing well. Once GLOW and Stranger Things are over with, I'll probably be dipping out from Netflix.

SaveDaredevil

We warned them that they were posting cringe.

definitely is not because of the wokeness and constant stream of shit they put on catalog

Disney+, Apple and HBO Max are going to kill Netflix. No way they are going to survive losing so much content. Its not like their Netflix originals are gonna keep people around because 90% of them are medicore.

Netflix is overdue for a non-biased free market competitor

The studios are getting into the streaming business, it’s survival of the fittest. In 20 years time we’ll be asking, remember movie theaters.

It’s not 011 fault ho

Amazon has a better movie selection especially if you like 90s 80s and Old Hollywood. Also there are movies not included in my Prime but I can rent it for 3 bucks.

savedaredevil

THATS FOR FLY ME TO THE MOON YOU BASTARDS

Did they really lose or just missed the forecast for Q2 by a lot? Because those are two different things.

No, in their Q2 2019 earnings interview that dropped tonight. Spence Neumann said Netflix lost subscribers in ALL regions, not just the US.

They shoulda considered not posting cringe

SaveDaredevil

I was one of them. Hope they go out of business.

Remaking classic things to make them worse is a failing strategy who would have thought? They have already started to decline and they don't even have competition yet.

stop cancelling every good show they originate then. it’s what netflix deserves. BringBackSense8 BringBackShesGottaHaveIt ODAATonPopTV 💁🏻‍♀️🙄

They canceled daredevil so I’m not surprised savedaredevil

They posted cringe!!!!!!!

ThanksObama

Keep increasing the price. Keep cancelling good shows. Keep removing the ones you did have. Have a pathetic library for people not in the US.

well if they hadn't cancelled most of the great and unique shows they had maybe the numbers would be different

Maybe should deliver on a third season for a show that most of us have been waiting on for two years and canceling extremely good shows

Yeah, netflix should stop canceling shows that people like. That’s not how you keep a fan base!

I mean yeah. Netflix is cancelling everything after 1 or 2 seasons with few exceptions. That with Hulu HBO max and disney + coming out. Netflix better shape up

*cough* daredevil and American vandal *cough*

It's like they keep cancelling their best shows 🤔

I'm not surprised. The streaming market is changing, with new players all wanting a slice of the pie. Netflix is losing Disney content, they're losing popular series (such as Friends), and they raised their prices. Though, their upcoming Dark Crystal series should be a big draw.

Three reasons: New Streaming Brands are Rising Monthly Rate goes up & 3 or 6 original shows get cancelled.

Oh no, they posted cringe!

SaveDaredevil

Won't be the last time. They've backed themselves into a corner. Too many cancelled originals, too many older shows lost so they can waste tens of millions trying to get into theatrical releases.

savedaredevil

They posted cringe

Good! I was one of 'em, too! After having an account for nearly a decade.

It’s because everyone shares their accounts.

maybe if they stopped cancelling shows every 1, 2 seasons for no reason this wouldnt be happening...

Cinema wins again

Maybe because there are better options?

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Netflix U.S. Subs Decline in Q2 After Price Hikes, Company Blames Content SlateFor the first time, Netflix lost subscribers in the U.S. — dropping 130,000 — and added fewer international customers than expected, sending the stock tumbling. Paid subscribers grew by… .netflix it’s both Blame the lack of living wages being paid these days. i would def subscribe if i could afford it...
Source: Variety - 🏆 108. / 63 Read more »

Netflix U.S. Subs Decline in Q2 After Price Hikes, Company Blames Content SlateFor the first time, Netflix lost subscribers in the U.S. — dropping 130,000 — and added fewer international customers than expected, sending the stock tumbling. Paid subscribers grew by… .netflix it’s both Blame the lack of living wages being paid these days. i would def subscribe if i could afford it...
Source: Variety - 🏆 108. / 63 Read more »

Netflix Misses Q2 Subscriber Forecasts, Hits Revenue Target, Beats On EarningsNetflix undershot its own guidance for net added subscriptions in the second quarter, blaming its own content slate and other variables rather than new competition or U.S. price hikes. It delivered…
Source: DEADLINE - 🏆 109. / 63 Read more »

Goldman raised its Apple stock price forecast, but the note is largely negative on the companyGoldman Sachs raised its price target on Apple after spending most of the note to clients discussing how its services business growth may fall short.
Source: CNBC - 🏆 12. / 72 Read more »