Netflix U.S. Subs Decline in Q2 After Price Hikes, Company Blames Content Slate

  • 📰 Variety
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

For 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…

Nintendo just refreshed its wildly successful Switch game console, but the company isn’t giving existing Switch owners many reasons to upgrade: The renewed game console comes with a better battery that guarantees up to 9 hours of game play, while otherwise sticking with the same design and features of the original Switch. The new model [...

]Fans of Disney movies and TV shows can now dive into a dedicated music hub on Spotify, featuring seven playlist sections with top hits from Disney animated favorites and music from Pixar, Marvel and Star Wars films. Disney’s No. 1 most-streamed song on Spotify is “Let It Go” from the “Frozen” soundtrack, followed by “Moana”’s [...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Netflix's programming is still over 5X more revered than Amazon’s but the gap is slowly eroding. Take a look: xpangler

Don’t cancel santaclaritadiet on a cliff hanger

Hahahahha

or maybe because they keep cancelling everyone’s favourite original series: sense8, one day at a time, jessica jones, the punisher, etc etc. it’s on you netflix

Stop raising the price

Oh yes. Content aka as movies and tv shows. It was in another century when movies were an artistic achievment I guess. Content can be considered as food (not for thought). Movies can be imagined as food for thought. Thought needs a brain who haven’t been brainwashed... and so on

netflix blame your price hikes

It begins. Constantly cancelling EVERY show after 3 seasons unless it's a 'phenomenon' while losing all the long running content from other companies that made people sign up isn't viable business.

I can see that, for me, i'm actually buying the whole TwD series atm - only b/c i'm thinking at some point, may give up netflix or just might not be a 'all year subscriber' it's original content needs to get better

KatGodspell They blame the content? Wow, that’s some serious denial. 🙄

After raising the price I was about to drop them.. I still might as what they have is not all that great. DarkNetflix is really good.. but that’s about it. StrangerThings3 was a overall flop for me.. it did have some good parts but the overacting bad.

MattsNetiPot ha

Netflix subs decline in Q2 after not buying my funny animal show pitch.

teeheehee. I'm not laughing into my coffee rn netflix I promise.... I could care...but I don't hulu SaveDaredevil

Shouldn't have cancelled Daredevil SaveDaredevil

They should have stuck with the practical Demogorgon.

Netflix needs more intelligent content to justify the higher price. There is too much kid's stuff and things that look like they were made for broadcast.

.netflix it’s both

Blame the lack of living wages being paid these days. i would def subscribe if i could afford it...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LIVE: Netflix reports its Q2 earnings as new competitors loom on the horizonNetflix posts earnings for Q2 2019 on July 17, and will update Wall Street on subscriber growth, revenue, and profit.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Europe Joins U.S. Companies Moving Out Of ChinaCountries like Portugal are making clothes again as China’s position as go-to manufacturer wanes quickly. The Chinese are UNCOOPERATIVE, SELFISH, and ARROGANT. They want EVERYTHING for THEMSELVES and NOTHING for anyone else. Very bad people. Overly GREEDY. US businesses should have got out of China 20 years ago LOL!
Source: Forbes - 🏆 394. / 53 Read more »

Europe Joins U.S. Companies Moving Out Of ChinaCountries like Portugal are making clothes again as China’s position as go-to manufacturer wanes quickly. Justin needs apply 10% tariffs on canadian companies import from china, Canadian companies must leave china go else where.
Source: Forbes - 🏆 394. / 53 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 »