The throne of Netflix, one of the most popular online series and movie platforms in the world, continues to shake. So much so that the company announced in a statement in April that it lost around 200 thousand subscribers in the previous 3-month period. This was very important because the platform had always grown and closed quarters on a positive note in the previous 10-year period.
Now, there has been a new development on the subject. Company; announced its quarterly data covering April, May and June. The announced figures reveal that alarm bells are ringing for the company. Because Netflix experienced a huge loss of subscribers this quarter as well. In the statements made, it was announced that another 970 thousand subscribers were lost.
Subscriber loss made history as a record
The number of subscriber losses announced by Netflix went down in history as the company’s biggest loss. However, company officials are extremely hopeful for the next three-month period. According to the shared report, Netflix aims to gain 1 million new subscribers in the current quarter. In the meantime, let’s also mention that the number of instant users of the platform is 220.67 million.
Netflix also mentioned its revenues in the report it shared. Although the company suffered a loss of subscribers, it managed to put more money into its coffers. According to this; Netflix, which earned $ 7.9 billion in the last quarter, was 8.6 percent more than the same period last year. Netflix’s profit after all expenses were deducted was recorded as 1.4 billion dollars. This figure is 6.5 percent higher than the same period last year.
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