Connect with us

Subscribe

Subscribe

Movies/TV

NETFLIX SHARE PRICES WITNESS A 5% DOWNFALL

Netflix recently released the number of new subscriptions they managed to add in this quarter. They successfully added 2.2 Million new subscribers to the streaming platform. This comes as bad news to the company as this is substantially lower than last year. In 2019, they were able to add 6.8 new members to the service. The combined number of users is presently 195.2 million.

This hefty figure is one million below the number that was projected by Wall Street analysts. Due to this particular reason, the stock prices of Netflix has been slashed down by 5%. Things were pretty good for them in the first nine months of 2020 but went downhill in the last quarter. News about Netflix planning to raise the subscription prices has also been circulating.

Newsletter Signup

Stay in the know with the latest culture news

Written By

Comments

BREAKING NEWS

THE GENIUS OF SAM HOUSER

Culture

How Many Episodes Will Season 4 Of Attack On Titan Have?

Entertainment

12 YEAR OLD, TEXAS RAPPER LIL RODNEY ARRESTED FOR SHOOTING 1 YEAR OLD

Music

What Was The Verdict For Lori Harvey’s Hit-And-Run Case?

Entertainment

Connect
Newsletter Signup

Stay in the know with the latest culture news

%d bloggers like this: