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Netflix risks losing millions of subscribers (Topic)

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Netflix risks losing millions of subscribers

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In 2020, Netflix's streaming service will lose at least four million subscribers in the US alone unless urgent action is taken to make it more competitive against new entrants to the market. This is reported by Market Watch with reference to the opinion of experts.

It is alleged that the reason for this was the company's pricing policy: the monthly payments of Netflix customers are significantly higher than those of subscribers of other platforms. At the same time, Netflix is investing so heavily in commercially risky projects that it cannot simply reduce the subscription price.

The experts believe that the only way out is to introduce ad breaks during screenings, while introducing cheaper options. subscriptions, which can attract new customers with a low income.

The Topic of Article: Netflix risks losing millions of subscribers.
Author: Jake Pinkman


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