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200,000 users abandon Netflix after crackdown backfires (www.forbes.com.au)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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200,000 users abandon Netflix after crackdown backfires::Aussies have spoken, and the results are not looking good for Netflix. A new report reveals why users are turning to streaming competitors.

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[–] FatTony@lemmy.world 19 points 1 year ago (2 children)

According to the chart it's a loss of 3% of their total subscriber base. I highley doubt Netflix will bat an eye.

[–] ShustOne@lemmy.one 11 points 1 year ago

Also they leave out that almost 6 million additional signups were added by this change. I'm ready to go back to the high seas myself even though I'm the one who pays for the account haha

[–] spark947@lemm.ee 5 points 1 year ago

Well, it depends. Leveraging a growing subscription base into cheap debt is kind of their business model.