Industry News

Netflix is still the streaming king, but lost US subscribers

23 July, 2021

In its most recent earnings report, Netflix shared that it gained 1.5 million subscribers around the world in the last quarter. However, that is a modest gain for the streaming giant, and it lost 400,000 subscribers in the U.S. and Canada.  

A recent report from Parrot Analytics shows that global demand for Netflix, in comparison to all the other streamers, dropped below 50% for the first time. 

Netflix says that because of the pandemic, the company has been slow to release new original content at the same rate it was before. 

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