After the COVID-19 pandemic drove impressive subscriber growth earlier this year, Netflix’s numbers have come back down to Earth. The streaming service added 15.77 million net new subscribers in the first quarter of the year, followed by 10.09 million in Q2. It only projected 2.5 million for Q3. Today’s earnings report shows the company falling short of that already underwhelming goal, with only 2.2 million net additions, bringing its total subscriber base to 195 million.

BING NEWS:
  • Infographic: Netflix Subscriber Growth Slows After Pandemic Boost
    Subscriber growth pulled forward to 2020 resulted in a larger revenue base in Q1 2021, while production delays reduced ... the blow from its disappointing user growth.
    04/21/2021 - 6:02 pm | View Link
  • Netflix's subscriber growth slows as vaccinations ramp up and rivals gain strength
    The company noted that "a lighter content slate in the first half of this year, due to Covid-19 production delays" also played a part in the sluggish subscriber growth. That's not to say that the ...
    04/21/2021 - 7:22 am | View Link
  • Netflix user growth slows down amid production delays
    Delayed production and fewer shows have led to a slump in user growth for Netflix as the streaming giant came in 2 million short of its target of 210 million paid users globally in Q1 2021.
    04/20/2021 - 7:22 pm | View Link
  • Netflix subscriber growth slows to below forecasts
    This is compared to the user ... membership growth slowed due to the big Covid-19 pull forward in 2020 and a lighter content slate in the first half of this year, due to Covid-19 production ...
    04/20/2021 - 1:00 pm | View Link
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BING SEARCH:
  • Chart: Netflix Subscriber Growth Slows After Pandemic ...
    Ending the quarter with $7.16 billion in revenue and net income of $1.71 billion, Netflix set new records on the top and bottom line, cushioning the blow from its disappointing user growth. Felix ...
    05/5/2021 - 10:10 pm | View Website
  • Netflix subscriber growth slows
    Netflix subscriber growth slows. April 21, 2021, 8:29 AM ... And also, the fact that the production was shut down, as you know, because of COVID-19, and they are starting to get back into that ...
    05/5/2021 - 10:00 am | View Website
  • Netflix subscriber growth slows after pandemic boom ...
    (Reuters) -Netflix Inc said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter, sending shares of the world's largest streaming service down ...
    05/4/2021 - 2:33 pm | View Website
  • Infographic: Netflix Subscriber Growth Slows After ...
    Ending the quarter with $7.16 billion in revenue and net income of $1.71 billion, Netflix set new records on the top and bottom line, cushioning the blow from its disappointing user growth. Loading...
    04/21/2021 - 8:46 pm | View Website
  • Netflix growth slows as vaccinations ramp up
    Netflix growth slows as vaccinations ramp up (KYMA, KECY/CNN) - Netflix got a huge boost in subscribers last year due to the Covid-19 pandemic which kept people at home and glued to streaming devices.
    04/21/2021 - 10:59 am | View Website
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