Netflix Looses Over 200K Subscribers - Stock Crashes More Than 25%

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Viewer Question:
Johnny Shalev - Hey John and Gang. Hope all is well. Well, it seems like the streaming wars have claimed their first major victim. According to several outlets, Netflix has reported a 200,000 subscriber loss in the first quarter of 2022. It seems like they're thinking about offering a lower-priced tier with ads, amongst other things. What do you think they will do, what should they do and do you think other companies will pay more attention to retention? Thanks and don't have a good day, have a great day!

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