Apr 20, 2022
4 min read
Netflix Loses Paid Users For the First Time in a Decade
Like most first-movers, it’s now facing rising competition for a flat market
Shareholders expected Netflix to hit subscriber growth of 2.7 million in Q1 of 2022. So, when the company announced that it had lost 200,000 subscribers — the first decline in paid users since late 2011 — and warned of further problems ahead…
