Netflix Subscriber Loss 2024 Lok
Netflix Subscriber Loss 2024 Lok. Revenue of $9.559 billion and earnings per share came in just ahead of wall street analysts’ consensus expectations. In april 2022, after a heady era of staggering spending and explosive growth, netflix posted its first subscriber loss in 10 years.
Netflix’s global paid memberships declined to 221.6 million, which amounted to a loss of 200,000 subscribers in the first quarter of 2022 due to rising inflation and growing. India has the second most subscriber additions for netflix, as per the company’s second quarter of the financial year 2024.