Netflix subscriptions are up almost 6 million this quarter, suggesting we're all just too exhausted to fight this stuff

Netflix says people just kind of rolled over and accepted the password sharing crackdown::Netflix subscriptions are up almost 6 million this quarter, suggesting we’re all just too exhausted to fight this stuff

  • Boondock@lemmy.worldEnglish
    1·
    1 year ago

    Just curious, are we sure the numbers reported are “net gain” and not “number of new subscribers”? Distinction being “number of new subscribers” would be all the people that signed up, and “net gain” would be all the people that signed up & subtract those that canceled?

    Earnings reports are always full of word tricks to paint the prettiest picture so I’m just curious if we know the net number?

    For example, all those articles that came out a week after the change went into effect were bullshit bc they didn’t take into account people who canceled and still had days left til their end of month, instead they only captured the 3 days after the policy change and Netflix got all the media to report this awesome stat for them.

    • 4815162342@lemmy.mlEnglish
      2·
      1 year ago

      Yeah. If you check their actual released spreadsheets it includes losses and gains (some quarters are overall losses, some full years are overall losses). They also include the overall number of paid memberships which also reflects the same gain (or loss where it’s a loss). So like this quarter was up to 75.571 million from 74.398 million the previous quarter.