Netflix Losing Subscribers 2024 Reddit Today News. With corners of the media industry in upheaval, netflix makes clear it's staying out of the fray. Global streaming giant netflix on tuesday reported losing subscribers for the first time in more than a decade and predicted more contraction in the second quarter, a.
That’s the most obvious takeaway from netflix’s stunning admission on tuesday afternoon: Revenue of $9.559 billion and earnings per share came in just ahead of wall street analysts’ consensus expectations.