Ten Things I Hate About You: Myriad reasons combine for Netflix share price tumble

James Baxter-Derrington
clock • 4 min read

Many investors were shocked last night by the revelation numbers of new Netflix subscribers had fallen for the first time in more than a decade.  Owing to a variety of contributing factors, however, several industry commentators said they could have foreseen the tumble. On Tuesday (19 April), Netflix's first quarter earnings revealed its global streaming paid memberships had fallen by 200,000 subscribers over the past three months and added that it anticipated losing a further two million over the next quarter. Investors wary of subscription model businesses as cost-of-living press...

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