Netflix Losing Long-Term Subscribers: Why People Are Cancelling Their Accounts.
Netflix has been growing rapidly in the past few years, with more than 130 million subscribers around the world. But a recent survey by analysts at UBS shows that the company is losing more long-term subscribers than it's gaining.
Netflix blamed the price increase in January for the loss of 7 million subscribers since then, but people are also increasingly cutting the cord and moving to other streaming services.
Netflix is still expected to be a major player in the streaming industry.
Netflix has been spending a lot of money on new content in order to keep people from cancelling their subscriptions. A recent study, however, shows that this might not be the best strategy.
According to the survey, conducted by Leichtman Research Group, Netflix lost about 2.5 million subscribers in the United States since the third quarter of 2018. This is more than the number of subscribers that Netflix gained in that same time period.
Netflix is facing tough competition from other streaming providers, according to a recent survey.
The poll, conducted by research firm Leichtman Research Group, found that Netflix lost 2 million subscribers in the last quarter of 2018. This brings the total number of Netflix subscribers in the U.S. down to 86 million.
Rival services such as Amazon Prime and Hulu are benefiting from Netflix’s losses, with each gaining 1 million new subscribers in 2018.

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