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Netflix Expected to Keep Losing U.K. Subscribers in 2023 as Record Inflation Hammers Consumers

NOT WOKE SHOWS • Jan 02, 2023

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Breitbart Reports: "Netflix is forecast to lose around 200,000 U.K. subscribers in 2023 as nearly 11 percent inflation continues to hammer British consumers and the streamer’s new ad-supported tier takes time to generate interest, according to a report in The Guardian, which cited financial analysts."


“Given the wider economic pressures the UK is facing I’m not expecting Netflix to go back to growth in 2023,” Richard Broughton, director at Ampere Analysis, said."


"Netflix, which still has a production deal with Barack and Michelle Obama, is expected to have lost 500,000 British subscribers in 2022, bringing its U.K. user base from 14.2 million to 13.7 million, according to Ampere Analysis. In 2021, the company gained 800,000 subscribers, its lowest since launching in the U.K. in 2012."


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