Show Notes
In April, Netflix announced a loss of subscribers for the first time in more than a decade, with a net loss of 200,000 global members in the first quarter of 2022. The announcement prompted a stock freefall, with stock tumbling 43% and more than $50 billion in value wiped out. This week the streamer laid off 150 employees as they prepare to lose another 2 million subscribers before the end of Q2.
On Before Brunch we question why Netflix is struggling, talk the pressure of being the Hollywood disruptor and what the future of streaming looks like.
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