Breitbart Reports: "Netflix has closed out its worst year in more than a decade, with its stock plunging more than 50 percent and wiping out a staggering $136 billion in market value."
"For 2022, Netflix shares dropped 50.6 percent, the most the stock has declined on an annual basis since 2011. For the first time, the once-invincible company lost subscribers for two consecutive quarters , ushering in a period of painful belt-tightening that has included several hundred layoffs."
"Netflix’s decline outpaced the Nasdaq, which was down 33.1 percent for the year."
"The left-wing streamer, which continues to have a production deal with Barack and Michelle Obama, is being forced to try new ways to juice revenue. Netflix broke its promise to never have commercials by launching an ad-supported tier in a bid to tap into the advertising market in the face of uncertain subscriber growth."

Comments
notwokeshows
from the old Disqus comment system
Dec 31, 2022
Netflix lost me when it published its psuedo-documentary, "Cuties', that sexualized young girls. Netflix argued that the film was misunderstood and that criticism of it was unfair. However, people weren't fooled and many viewers with traditional values bailed. Buh-bye Netflix. Please try to find content that actually improves the moral fabric of our society.