Morning Jolt: The Stranger Things about the Sudden Netflix-Subscriber Drop

On the menu today: How did Netflix, the company that more or less invented the modern streaming service, suddenly lose 200,000 subscribers when it expected to gain 2.5 million new subscribers? Meanwhile, Biden cabinet officials finally visit President Zelensky in Ukraine; and asking why the Chinese government did not prioritize vaccinating the elderly against Covid-19.

What’s Happening with Netflix?

This newsletter doesn't often dip its toe into business news, but every once in a while, something in the business world occurs that it so fascinating and eye-catching that it requires us to sit up and take notice.

The company that more or less invented the streaming service, Netflix, just tripped over a rock and landed hard — announcing it had lost 200,000 subscribers in the first quarter of 2022, when the company expected to increase 2.5 million subscribers for that period — and is now forecasting a ...

TODAY'S MORNING JOLT WITH JIM GERAGHTY
IS PRESENTED BY

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WITH JIM GERAGHTY April 25 2022
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WITH JIM GERAGHTY April 25 2022
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The Stranger Things about the Sudden Netflix-Subscriber Drop

On the menu today: How did Netflix, the company that more or less invented the modern streaming service, suddenly lose 200,000 subscribers when it expected to gain 2.5 million new subscribers? Meanwhile, Biden cabinet officials finally visit President Zelensky in Ukraine; and asking why the Chinese government did not prioritize vaccinating the elderly against Covid-19.

What’s Happening with Netflix?

This newsletter doesn't often dip its toe into business news, but every once in a while, something in the business world occurs that it so fascinating and eye-catching that it requires us to sit up and take notice.

The company that more or less invented the streaming service, Netflix, just tripped over a rock and landed hard — announcing it had lost 200,000 subscribers in the first quarter of 2022, when the company expected to increase 2.5 million subscribers for that period — and is now forecasting a ...   READ MORE

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