Netflix subscribers

Netflix Shares Fall 7% amid More Bad Subscriber Data

Netflix shares fell more than seven percent on Wednesday as the streamer faced more bad news about its subscriber outlook, including a new study showing that long-term Netflix customers are abandoning it in significantly larger numbers.

netflix stock crash

Netflix Shares Lose 40 Percent of Value Since Start of 2022

Netflix is officially a dog stock, with shares of the left-wing streaming giant losing a whopping 40 percent of their value since the start of 2022 amid anemic new customer figures and analyst downgrades, all of which point to a rockier future ahead for the once invincible company.

LAS VEGAS, NV - JANUARY 06: Netflix CEO Reed Hastings delivers a keynote address at CES 2016 at The Venetian Las Vegas on January 6, 2016 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs through January 9 and is expected to feature 3,600 exhibitors …

Netflix Disaster: Shares Plummet Nearly 20 Percent as New Subscriptions Fall Short

Netflix had another disastrous quarter as new subscriptions fell short of guidance, causing shares of the streaming entertainment giant to plummet close to 20 percent in after-hours trading on Thursday. Compounding the gloom, the company said it is expecting weak subscriber growth for the first three months of 2022, with executives blaming the continued effects of the COVID-19 pandemic.

Co-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the new offices of Netflix France, in Paris on January 17, 2020. - Hastings announced some 20 French projects by Netflix on January 17, 2020. (Photo by Christophe ARCHAMBAULT / AFP) (Photo by CHRISTOPHE ARCHAMBAULT/AFP via Getty …

Study: More Than 150 Million People will Cancel a Paid Streaming Subscription in 2022

Hollywood is staking its future on digital streaming entertainment, but now that future looks increasingly like its being built on shifting sands. A new study predicts more than 150 million people will cancel a paid streaming subscription, like Netflix or Disney+, in the coming year, signaling greater financial uncertainty for studios looking to grow their subscriber bases.

HOLLYWOOD, CA - AUGUST 17: Guests attend Netflix's "Stranger Things" Celebrates 12 Emmy Nominations at Hollywood Forever on August 17, 2018 in Hollywood, California. (Photo by Emma McIntyre/Getty Images for Netflix)

Netflix Shares Plummet as End of Coronavirus Lockdowns Spells Weak Subscriber Growth

Netflix shares plummeted late Tuesday and into Wednesday as the streaming entertainment giant warned of weaker-than-expected subscriber growth in the months ahead. The slowdown comes as Netflix faces the end of coronavirus lockdowns, which had previously boosted the company’s subscriber base as people trapped at home sought online entertainment.

Co-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the new offices of Netflix France, in Paris on January 17, 2020. - Hastings announced some 20 French projects by Netflix on January 17, 2020. (Photo by Christophe ARCHAMBAULT / AFP) (Photo by CHRISTOPHE ARCHAMBAULT/AFP via Getty …

Netflix Reports Disastrous Second Quarter as Subscriptions Fall Short

Far-left Netflix had a disastrous second quarter that saw new subscriptions fall short of expectations, causing shares of the streaming entertainment company to plummet by as much as 12 percent in after-hours trading on Thursday. The company cited growing competition from TikTok, the Chinese-owned video app that is hugely popular with Gen Z.

MEXICO CITY, MEXICO - SEPTEMBER 12: Reed Hastings, CEO of Netflix, attends a press conference to announce the Netflix service in Mexico at the St. Regis Hotel on September 12, 2011 in Mexico City, Mexico. (Photo by Hector Vivas/Latin Content/Getty Images)

Netflix Misses Subscriber Mark for Second Straight Quarter

Netflix saw disappointing domestic subscriber growth for the third quarter, signaling rougher waters ahead as the streaming giant braces itself for competition from the Walt Disney Company and Apple. This is the second straight quarter in which Netflix has missed its subscriber growth projections.

BOGOTA, COLOMBIA - OCTOBER 09: Netflix CEO Reed Hastings speaks during Netflix Slate Event 2018 at JW Marriot on October 9, 2018 in Bogota, Colombia. (Photo by Daniel Muñoz/Getty Images for NETFLIX)