Netflix Can Lose 4 Million Subscribers in 2020
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The latest predicament Netflix may face is a probable loss of up to 4 million subscribers in the coming year. Netflix has currently faced peer pressure because of the increasing number of streaming services available. These streaming services are a lot cheaper than Netflix and they may affect Netflix’s subscribers’ growth referred to as the Netflix killers.
Netflix has never faced any problems in maintaining the subscriber’s growth or in attracting the audience in the past. Thought the service had seen the decrease in the growth of subscribers in the 2nd quarter of 2019, but it may turn to usual in the 3rd part. In September, Netflix has announced that they are near to the 160 million subscribers all around the world in which 60 million subscribers are from the U.S.