Entertainment
Netflix loses additional 970K subscribers in second quarter
Netflix has announced the loss of 970,000 subscribers in the second quarter of the year.
The streamer confirmed the figures on Tuesday, bringing its loss to over 1 million subscribers in the first two quarters of the year.
According to Netflix, Q2 performed better than expected in spite of the loss which was predicted to exceed 2 million. The company now projects atleast 1 million subscribers by Q3.
Recall that an unprecedented loss of 200,000 subscribers was announced in Q1. The company had announced the loss in April alongside moves to salvage its revenue including introducing ad service and recently laying off 300 staffers.
At 220.67 million, Netflix still owns a lion share of the global streaming service market. According to a The Hollywood Reporter report, the company has seen a ‘roughly’ 8 percent growth this year. Its revenue hit $7.97 billion in the second quarter of 2022.
[Music] Chief Oyerigha Echo Toikumoh – The Earlier The Better
Enzo Maresca and Mikel Arteta stated they will not take Pep Guardiola’s place at Manchester City
Alan Shearer reckons Liverpool star is ‘not going to get better’
NECO examiners threaten nationwide protest over unpaid entitlements
Jonathan congratulates Trump on historic election win
Peter Obi can become president in 2027 — Yunusa Tanko
Dua Lipa forced to cancel show after ‘unforeseen safety issues’
Uzoamaka Onuoha wins Best Female Performance in a feature at AFRIFF 2024
‘Phoenix Fury’ bags Best Film award at the 13th edition of AFRIFF
Vivo begins teasing new Dimensity 9400 flagships internationally
Google Pixel 11 and Pixel 11 Pro may trade performance gains for longer battery life
Manchester United players warned ‘only one is safe’ under Ruben Amorim
Austin DeAnda given impromptu makeover after he is forced to have haircut in the middle of fight
IG orders punishment for errant cops
Be ready to recover stolen mandate — Ighodalo tells PDP
No part of Ogun will be ceded under my watch — Dapo Abiodun
Ruger calls out auto tune and hype culture in music
I hate to play same role repeatedly — Actress Bimbo Akintola
Fans split on Davido, Wizkid, and Burna Boy’s Grammy nominations
Samsung Galaxy S25 Slim: Leaker reveals launch details for Samsung’s rival iPhone 17 Air
Realme names first smartphone to get Android 15 beta worldwide
England interim manager tipped for surprise Premier League job
Hakim Ziyech mocks Israeli supporters attacked in Amsterdam
Court jails seven for internet fraud in Kaduna
Edo APC criticizes Obaseki’s last-minute appointments
Edo PDP announces caretaker committee
Tems makes history after securing 3 nominations for the 67th Grammys
Beyoncé surpasses Jay-Z to become the most nominated artist in Grammy history
Davido, Wizkid, Tems, Asake make 2025 Grammy nominations
2025 GRAMMY: Academy unveils category changes ahead of nomination event
[STORY] THE PASTOR’S DAUGHTER (Final Episode 13)
[STORY] THE PASTOR’S DAUGHTER (Episode 12)
[STORY] THE PASTOR’S DAUGHTER (Episode 11)
[STORY] THE PASTOR’S DAUGHTER (Episode 10)
[STORY] THE PASTOR’S DAUGHTER (Episode 09)
[STORY] THE PASTOR’S DAUGHTER (Episode 08)
[STORY] THE PASTOR’S DAUGHTER (Episode 07)
[STORY] THE PASTOR’S DAUGHTER (Episode 06)
[STORY] THE PASTOR’S DAUGHTER (Episode 05)
[STORY] THE PASTOR’S DAUGHTER (Episode 04)
-
Technology2 years agoVoIP Number: Everything You Need To Know
-
Music2 months ago[Music] Gnash Ft Olivia O’Brien – I Hate you, I Love you
-
Music1 month ago[INSTRUMENTAL] John Legend – All Of Me
-
Music2 months agoAlan Walker – Faded [INSTRUMENTAL]
-
Music1 month ago[Video] 21 Savage ft. Offset & Metro Boomin – Rap Saved Me
-
Music2 months ago[Instrumental] Wiz Khalifa – See You Again ft. Charlie Puth
-
ANE Stories4 months ago[STORY] AMAKA THE LESBIAN (Complete Episodes)
-
Music2 months ago[Music] Akon – Sorry Blame It On Me