Advertisement
UK markets closed
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     
  • AIM

    755.28
    +2.16 (+0.29%)
     
  • GBP/EUR

    1.1673
    +0.0017 (+0.14%)
     
  • GBP/USD

    1.2476
    -0.0034 (-0.28%)
     
  • Bitcoin GBP

    50,802.41
    -668.15 (-1.30%)
     
  • CMC Crypto 200

    1,322.66
    -73.88 (-5.29%)
     
  • S&P 500

    5,100.81
    +52.39 (+1.04%)
     
  • DOW

    38,239.09
    +153.29 (+0.40%)
     
  • CRUDE OIL

    84.05
    +0.48 (+0.57%)
     
  • GOLD FUTURES

    2,348.80
    +6.30 (+0.27%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     

Are Netflix Investors Facing a Streaming Apocalypse?

Are Netflix Investors Facing a Streaming Apocalypse?

Netflix (NASDAQ: NFLX) could be staring down a subscriber collapse. A consumer survey indicates that 25% of the streaming giant's members may be planning to dump their subscription this year, and if they actually follow through, it would be disastrous for the business. Although the streaming service suffered back-to-back periods of subscriber losses in the first two quarters of the year -- and its first decline in more than a decade -- the streamer also promised it will rebound in the third quarter and regain virtually all those who fled.