Netflix is losing new and loyal subscribers, indicates a survey that has found some concerning patterns that could impact all streaming services. But the main reason to leave is not content quality.
Netflix has been losing some subscribers and a report has now shed light on some concerning trends. It seems Netflix is not just losing new, but also loyal subscribers who have been with the service for more than three years. And the reason behind the consistent exodus is not the quality of content, and more importantly, Netflix is not the only streaming service suffering. Netflix recently indicated that 200,000 subscribers globally had unsubscribed from the streaming service in the first quarter of this year. The company even indicated that it expects to lose around two million more in the current quarter. Breaking down these numbers indicates some concerning patterns for Netflix, and will surely serve as a warning to other popular streaming services.
