Netflixis one of the most popular content streaming services thats available globally.
This information was shared by Netflix with its shareholders in the earnings report for the first quarter of 2022.
Now there are multiple reasons behind the cancellation of subscriptions.
Lets discuss them one by one.
Table Of Contents
1.
Increased Subscription Pricing
The cost of Netflix Subscription plans has been increasing continuously.
To save some extra money each month families and individuals have been canceling their subscriptions.
Exit From Russia
As you might know, Netflix has exited Russia.
Clearly, illegal password sharing is a big problem for Netflix.
To combat these problems Netflix is investing both time and resources.
source: www.techworm.net
