Netflix’s exit from Russia, inflation caused its slowdown: Co-CEO


- Advertisement -

Netflix Co-CEO Ted Sarandos has said there are multiple factors behind the streaming service’s slowdown, including inflation’s impact on household budgets, a decline in smart TV sales and its departure from Russia. “Every customer is asking the question of the value of a subscription in relation to its cost,” he said. Notably, Netflix lost 2,00,000 subscribers in Q1 2022.

Total Views: 72 ,
- Advertisement -

Share post:


More like this

Who is Matt Bomer’s husband Simon Halls?

Matt Bomer, renowned for his acting prowess in White...

Vicky Kaushal’s Sam Bahadur to premiere on OTT from Republic Day 2024

Multiple reports circulating online indicated that in just three...

Animal is ready for biggest second weekend

The Ranbir Kapoor-led Animal has become a rage at...

Bitcoin tops $40,000 for first time since May 2022 as momentum builds

Bitcoin has broken above $40,000 for the first time...