Looks like the party may be coming to an end for Netflix!
The streaming giant – known for its super-woke programming like Dear White People and megabucks deal with the Obamas – is seeing its shares completely crater after revealing that it has LOST subscribers for the first time in HISTORY!
According to CNBC:
Netflix on Tuesday reported a loss of 200,000 subscribers during the first quarter — its first decline in paid users in more than a decade — and warned of deepening trouble ahead. The company’s shares cratered more than 25% in extended hours after the report on more than a full day’s worth of trading volume. Fellow streaming stocks Roku, Spotify and Disney also tumbled in the after-hours market after Netflix’s brutal update. Netflix is forecasting a global paid subscriber loss of 2 million for the second quarter. The last time Netflix lost subscribers was October 2011.
And even Elon Musk is getting into the action on the Netflix hate train!
This is a note to the streaming services, networks, and other content curating organizations: WAKE UP! People want to be ENTERTAINED, not hit over the head with woke ideology and “progressive” storylines!
