A sad observation for the platform, the loss of 200,000 subscribers compared to the last quarter of 2021. Results that hit the mark compared to the 2 million incremental subscribers projected by the company. Without delay, the company lost $54.4 billion in market capitalization overnight – 65% of its share value – the largest single-day drop in its history. The factors for this decline are said to be numerous.
password sharing between users, the end of lockdowns, but germany whatsapp number data 5 million above all “great competition” mentioned by Reed Hasting, Netflix CEO. The streaming industry should therefore reach maturity in its key markets. while new services like Paramount+ or Peacock are still in the growth phase, more established players like Netflix, Disney+ and Amazon seem to be stabilizing. and bring more variety , Netflix seems ready to further regulate password sharing, but also to integrate advertising into its business model “within one to two years”.
CNN+, gone as quickly as it arrived – Launched at the end of last March, the CNN+ platform will close on April 30. This turnaround comes at the time of the merger of WarnerMedia – holding company of CNN and HBO Max – with Discovery. Announced as the largest project since the launch of CNN in 1980 , hundreds of millions of dollars had been invested in the development of the platform, the recruitment of key personalities as well as the promotional campaign.