Netflix (NASDAQ: NFLX) shocked investors when it not only reported its first subscriber loss in over a decade in the first quarter but also said losses would worsen in the second quarter. The latest season became the biggest English-language series debut ever for Netflix, besting last quarter's Bridgerton season two. Netflix is facing a slowdown in subscriber additions alongside an increase in subscriber churn. Read More...
Netflix (NASDAQ: NFLX) shocked investors when it not only reported its first subscriber loss in over a decade in the first quarter but also said losses would worsen in the second quarter. The latest season became the biggest English-language series debut ever for Netflix, besting last quarter’s Bridgerton season two. Netflix is facing a slowdown in subscriber additions alongside an increase in subscriber churn.
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