Disney, Roku Drop as Netflix Stuns With Falling Customers

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Disney, Roku Drop as Netflix Stuns With Falling Customers

Post by Admin » Tue Apr 19, 2022 7:12 pm

(Bloomberg) -- Streaming stocks were rocked late Tuesday after Netflix Inc. reported its first customer decline in more than a decade, stoking investors’ fears that a reopening economy will cripple these companies.

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Roku Inc. dropped as much as 8.3% in extended trading, Walt Disney Co. fell 5.3% and fuboTV declined 5.4%, while Netflix plunged 26%.[...] Continue reading @ finance.yahoo.com

Business Insider says Netflix Blames Password Sharing for Subscriber Loss

With the cost of food, gas, rent, and everything else skyrocketing it's no wonder people are dumping expensive streaming services in exchange for free streaming TV.

Netflix is looking for other ways to boost sagging profits and is reportedly thinking about offering a lower-cost tier that is ad-supported. Along with cracking down on password sharing,

Here's a great source to find free streaming TV channels!


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