Netflix Fights For Its Life

Netflix’s share price plunged after it announced the loss of 200,000 subscribers in Q1 of 2022. What has gone wrong? And how can the platform get people subscribing again? Alex Hern, Technology Editor for The Guardian, talks to Justin Quirk about why Netflix’s growth turned static, and what the streaming service should be doing to get viewers back onboard. 

• “This is a company and an industry that expects subscriber numbers to go up.”
• “The reason Netflix lost those subscribers is because they pulled out of Russia.”
• “Other streaming services are now able to compete in areas where Netflix was once miles ahead.”
• “A service with adverts could help Netflix recover some market share.”
• “Many households don’t even know they have access to Amazon Prime”
• “I don’t see a painless way out of the hole Netflix has put itself into.”

https://www.patreon.com/bunkercast

Written and presented by Justin Quirk. Producers: Jacob Archbold and Jelena Sofronijevic. Assistant producer: Elina Ganatra. Lead producer: Jacob Jarvis. Audio production by Jade Bailey. Music by Kenny Dickinson. Group Editor: Andrew Harrison THE BUNKER is a Podmasters Production

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