Netflix Losing Subscribers 2024 Reddit Forum. One of the family has signed up at the bottom tier (one household with the ads)…the rest of us are not really missing netflix. Shares in netflix have slumped by 35% after it revealed a sharp drop in subscribers and warned millions more are set to quit the streaming service.

The loss in numbers for netflix is undoubtedly upsetting for the company itself and its stockholders, but it isn’t necessarily surprising. That particular headline was not about the shocking attrition of netflix’s subscriber base — the fact that the company lost 200,000 subscribers in q1, and expects to lose.