Netflix blames account sharing for first subscriber loss in a decade

Netflix blames account sharing for first subscriber loss in a decade



A quarterly report delivered to investors on Tuesday revealed that the streaming service had lost 200,000 paid subscribers, citing COVID concerns and other factors.

Credit: David Balev/UnsplashCredit: David Balev/Unsplash

Netflix disclosed its Q1 2022 results in a shareholder update Tuesday morning, remarking that its platform’s growth in revenue has “slowed considerably.”

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