Friday 19 July 2019

Netflix Lost 126,000 Subscribers + $17 billion same day


--DOWNLOAD BLOG MALL NIGERIA APP--
Connect all your favorite blogs and website in one app. Get latest post on the go
Download on Playstore Here

SireEJ Farm Advert Trade 4 Fast Pay Advert

Trade 4 Fast Pay Advert SireEJ Farm Advert
This is more like a deadly blow on Netflix losing 126,000 streaming subscribers in the second quarter. This appears to be the first time ever in the history of the streaming platform losing such huge subscribers in the US.

Netflix Lost 126,000 Subscribers + $17 billion same day

Netflix however blamed its uninspiring results on subscription price increases and a less-enticing mix of movies and TV series.

Hours after Netflix announced it lost subscribers for the first time; the stock for the streaming giant had a terrible, horrible, no good, very bad day at market. Dropping over 10 points per share down to $325.21 by the end of trading Thursday, Netflix lost upwards of $17 billion in market value. That’s not a typo — that’s billion, not million. Netflix just essentially lost $17 billion dollars the very first time it lost subscribers.

Subscribers are looking for a better cheaper alternative to NetFlix just like they are doing to MultiChoice DStv, no wonder why Netflix is considering introducing a mobile-only plan which price is less than $5. The mobile-only plan will initially launch in India before considering other countries.



--DOWNLOAD BLOG MALL NIGERIA APP--
Connect all your favorite blogs and website in one app. Get latest post on the go
Download on Playstore Here

comment here

SPONSORED LINKS
AD-Place Ur Text Link Advert Here/Advertise Here


Get Our Latest Post via Sms. Kindly sms FOLLOW BLOGMNIG to 40404. On Any Network And Sms is free.

Place Your Advert Here Place Your Advert Here

Have Something Interesting/Informative you want us to Post? Send to
blogmnig@gmail.com
Previous Post
Next Post


I'm a passionate Blogger. I spend most of my time on the internet, Researching, Reading and Blogging || i Love Hip Hop and RnB E.T.C || Always Share.|| ****Blog Mall Nigeria****
Related Posts

0 comments:

Disclaimer: Although every comment is appreciated, Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Blog Mall Nigeria. Keep in mind that comments are moderated and may take some time to appear. All spam comments will be deleted. Thanks for understanding!

FOR Adverts or Articles email BMNADVERTS@GMAIL.COM, BLOGMNIG@GMAIL.COM OR CALL 07039732276