Big changes could be afoot at Netflix - as share prices plunge by 35 percent
Big changes could be afoot at Netflix - as share prices plunge by 35 percent
21 April 2022
The streaming service's customer base fell by 200-thousand subscribers during the January-March quarter - its first decrease.
It's looking at trying to regain momentum with measures including minimising account sharing.
JMI Wealth Director Andrew Kelleher says the unexpected drop's disappointed the market.
He says the service is considering a cheaper version with ads, as they fear they could lose another two-million subscribers this quarter.
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