Netlfix loses 200k subscribers: their first subscriber loss in more than a decade.

It is no news that our netflix password sharing days are over. Netflix is about to switch things up in this street.🀣 which i quite understand to be honest because no business wants to offer their services for free. More sign up equals more money for the company but if i sign up for instance, then ten people benefit from my account for free then Netflix just lost ten potential customers. Regardless, life continues I am sure Netflix will be fine . If your are new to Netflix subscribe here

“We realized with all of the account sharing, which we’ve always had β€” that’s not a new thing β€” but when you add that up together, we’re getting pretty high market penetration and that, combined with the competition, is really what we think is driving the lower acquisition and lower growth,” Netflix co-CEO Reed Hastings revealed, in Netflix’s earnings interview as reported by Business Insider.