35 () posted 2 years ago by GynaNumbaZero 2 years ago by GynaNumbaZero +37 / -2 65 comments share 65 comments share save hide report block hide replies
think your conclusions are wrong. People are leaving Netflix for other services like Disney+
Except people are not leaving Netflix, they gained 500k new signups.
They forced 700k Russian users off the service.
Hence 200k net loss.
I read that too. I read it under the headline "https://thelibertydaily.com/netflix-stock-cratered-after-report-of-plummeting-subscribers-for-which-they-blame-russia/"
Which was a very deceptive headline which attributed the loss to a 'made up blame Russia excuse' but when you read the article it does seem reasonable that it is due to suspension of service in Russia.