New York –
Netflix lost 970,000 subscribers by the end of June 2022. Is this a yellow light for the serial film service application from the United States (US)?
in fact, Netflix already predicting will lose customers. In fact, the company initially predicted it would lose 2 million subscribers.
Netflix also predicts that it will lose another 1 million subscribers in the third quarter of this year. But investors on Wall Street are happy with this prediction, how come?
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The problem is that investors predict the number of lost customers can be more than that. Are the investors happy? Rest assured, just look at Netflix’s stock price which rose 8% in yesterday’s trading.
Its stock had experienced a deep correction in April after Netflix announced it had lost 200,000 subscribers.
Now is the time for investors to buy stocks after this good sentiment. Moreover, Netflix also posted a profit of US$ 1.4 billion (Rp 21 trillion) in the second quarter, up from the previous year’s US$ 1.3 billion (Rp 19.5 trillion)ix
Its turnover also rose 8.6% year-on-year to US$ 7.9 billion. Most unsubscribed Netflix subscribers in the US and Canada.
“Our challenge and opportunity now is to drive turnover and subscriber numbers by developing products, content, and marketing as we have done in the last 25 years,” Netflix wrote in a letter distributed to investors. .
This year is quite a heavy time for Netflix. In addition to the declining number of customers, the company, which is headquartered in Los Gatos, California, has also laid off hundreds of employees to survive.
Watch Videos”NETFLIX Loses 1 Million Followers in Mid-2022“
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