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Netflix Cancellations Rise Among Long-Standing Subscribers

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Netflix is losing its grip on long-standing subscribers.

New data show that people who have been subscribers to Netflix for more than three years accounted for a significantly greater share of cancellations in the first quarter than they did two years earlier. The data help illuminate why Netflix’s subscriber growth stalled suddenly in the first quarter, prompting a big drop in the company’s stock price to its lowest point in several years and undermining investor confidence about the future of the streaming market.

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  • Source: https://www.theinformation.com/articles/netflix-cancellations-rise-among-long-standing-subscribers

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