https://techcrunch.com/2022/04/19/netflix-shares-down-more-than-20-after-losing-200000-subscribers-in-first-quarter/

Concerning news from Netflix today. The streaming service reported that in the first quarter of 2022, it lost 200,000 subscribers — its first subscriber loss in over a decade. And its losses are expected to continue, as Netflix forecasts a global paid subscriber loss of 2 million for the second quarter.

This loss comes in behind the company’s previous estimates. The company told its shareholders it expected to add 2.5 million net subscribers during the first quarter. Analysts had been expecting 2.7 million subscribers.