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Netflix is probably reeling from the aftermath of the worldwide pandemic with regards to subscriber progress. The truth is, the streaming service is bleeding subscribers within the US and Canada, with 430,000 of them opting out of the platform within the second quarter of this 12 months. The corporate reported that it added simply 1.5 million new subscribers worldwide within the time interval, a big drop in comparison with the accelerated progress it noticed final 12 months resulting from COVID-19 lockdowns.
Associated: Netflix vs Disney Plus comparability
It is unclear what’s inflicting this lack of subscribers for Netflix, however the platform’s management definitely would not suppose it is resulting from competitors from different streaming companies like Disney Plus and HBO Max. “Does HBO or Disney have a differential affect in comparison with the previous? We do not see that within the information we’ve. That is comforting us, ”mentioned Reed Hastings, Netflix’s co-CEO, in a name with traders (by way of ArsTechnica).
In gentle of the event, we wished to know in case you are one of many 430,000 paid subscribers that jumped onto the Netflix ship just lately. If that’s the case, why did you permit the platform? Did you substitute your Netflix subscription with that of one other streaming platform? Take our survey above and drop us a line within the remark part beneath.