The other day, Netflix announced its worldwide hike rates. After the increase of 40 percent, there was a great decrease in the digital series and film platform.
Netflix’s loss of members, which has experienced a major decline for the first time in 10 years, has been interpreted as the recent hikes. Announcing that it lost 200 thousand subscribers before the first quarter of 2022 was completed, Netflix’s shares in the stock market also decreased significantly.
netflix lost members
Among the reasons for the 25% decrease, there was both a raise and the sudden removal of some movies and TV series from the platform.