Netflix lost 126,000 subscribers in the US this past quarter — help us learn why

Netflix lost 126,000 subscribers in the US in the second quarter — its first subscriber loss in a quarter in the US in nearly a decade. It also significantly missed its projection to add 5 million subscribers overall, adding just 2.7 million. Are you or is your household a Netflix subscriber that recently quit the service? We want to hear from you. Please share your story with Business Insider in the survey below. Visit Business Insider's homepage for more stories.

Netflix lost 126,000 subscribers in the US in the second quarter — its first subscriber loss in a quarter in the US in nearly a decade. It also significantly missed its projection to add 5 million subscribers overall, adding just 2.7 million. Are you or is your household a Netflix subscriber that recently quit the service? We want to hear from you. Please share your story with Business Insider in the survey below. Visit Business Insider's homepage for more stories.

MutomboDaPoet Cost is high and content is changing to old movies

Price increase. hulu is where it’s at now!

Lack of good new content. Long tail is expensive, little target & high production cost (relatively). Slow content release, except for Netflix’s originals.

Price increase, political correctness, and lack of good new content

Price increase ~

Subscription fatigue

Virtue signaling about Georgia

Apparently they are using the Bockbuster and Hollywood Video model for success. 🤔

Trump donations and fox news ads.

Bc whoever owns Netflix has no idea wht Americans want to see. I want to watch movies not read them. The original movies they made yrs ago were very good IMHO but that crap their churning out now has to stop. Are they spending ANY money on programming or is it all for salaries?

Content and price. They used to be the 4 for $20 used dvd bin at Blockbuster. Now they’re the 2 for $15.

check your wallet, and everything has been seen on there since 2016. expensive snoozefest

Uh you know why....?

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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 »