Netflix Loses Subscribers for First Time in 10 Years, Stock Collapses

Guess people really didn’t like this

Netflix being an interracial homosexual gang-bang channel is a meme and also true, but it has gotten progressively worse.

Firstly, the network started out showing other people’s productions. Then their first original productions were not so bad. It got progressively worse, more interracial and more gay as the years went on, and now it is as bad as Disney.

People do seem to be legitimately bored with this endless lecture.

Breitbart:

Netflix saw its stock tank 25 percent after it reported losing 200,000 subscribers in the company’s first quarter – the sharpest decline in a decade.

“The company’s shares cratered more than 25% in extended hours after the report on more than a full day’s worth of trading volume,” reported CNBC. “Fellow streaming stocks Roku, Spotify and Disney also tumbled in the after-hours market after Netflix’s brutal update.”

With the closing of the second quarter, Netflix is projected to lose 2 million global subscribers. In a letter to shareholders on Tuesday, the company said the company’s content still remains popular but faces stiff competition. It also cited the company cutting off its paid 700,000 membership in Russia for a sharp drop in global subscribers.

Netflix Co-CEO Reed Hastings said the platform may shift to offering “lower-priced, ad-supported tiers as a means to bring in new subscribers after years of resisting advertisements on the platform.”

I don’t think people are canceling because they can’t afford it.

They’re canceling because everything on the service is garbage. A lot of it is horrible garbage. I don’t watch it, but I read about it and see some clips.

Full name is Marc Bernays Randolph, great-nephew of Edward Bernays