Netflix Loses Subscribers for the First Time in 10 Years

Netflix, which is one of the first platforms that come to mind when it comes to TV series and movie platforms, is very popular both globally and in our country. In recent years, HBO Max, Amazon Prime Video and Disney+’With the inclusion of Netflix in this market, the increasing competition can sometimes put Netflix in difficult situations.

Sharing the total number of users and other statistics with its users 4 times every year, Netflix shared its statistics for the first quarter of 2022 this year. But this time user announced that he lost instead of winning.

Is Netflix coming to an end?

According to the data released by the US TV series and film platform, the company in the first quarter of 2022 Losing 200,000 users draws attention. The company has never experienced such a huge loss of users in the last 10 years. Experts and analysts say that this user loss in the second quarter It predicts that it will exceed 2 million.

After this announcement, Netflix’s shares fell. In a short time 25% depreciation On the shares, JP Morgan analysts said, “Tough days await NetflixHe pointed out that this decrease may increase in the coming days.

On the other hand, many users attribute this to the relative decline of Netflix’s quality and the fact that its competitors offer much more innovative and attractive content. In many surveys, especially in the European market, users say that Disney + and HBO Max are much morelogical‘ says it’s an option. Here are some of the reasons behind users making this decision. It is obvious that Netflix has a new system that prevents accounts from being shared..

If Netflix’s decline continues, as analysts predict, it will cause the company to have a hard time and In the long run, it may end.