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Netflix earnings down (www.msn.com)

submitted 1 year ago by reddig33@lemmy.world to c/television@lemmy.world

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All the naysayers were correct. Netflix is losing money and subscribers in North America.

Netflix did add subscribers, but not in the markets where they cracked down on password sharing. They added subscribers in countries where they don’t charge very much for subscriptions. So they didn’t make much money from the new subs.

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[–] Johnny_Utah@lemmy.dbzer0.com 14 points 1 year ago

They can't compete anymore. They removed/lost all the good content that wasn't theirs and can barely make a quality original show or movie. Then they decided to push the password sharing bullshit on us. I canceled my account and haven't missed it one bit. I'll be sailing the high seas when it comes to anything worth a damn they make.