Netflix having a bad year so far for sure, but what caused the one day 30% drop this week??? 🤔🤔🤔
(media.greatawakening.win)
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Didn't they dump all of their Russian subscribers in one day? I'm pretty sure they were one of the companies that declared they were going to stop doing business there because of what was going on in Ukraine. But I'm not sure when they actually went through with it (if they did).
I would imagine losing all of Russia at once would be a bit of a blow.
And there are so many new streaming companies popping up all the time, so there is plenty of competition now.
And I know a lot of their content is getting criticized. All of that snowballs over time.