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The loss of Netflix subscribers has directly affected the market for streaming services.
Some analysts point out that Disney + will soon become the streaming platform with the most followers in the world.
Netflix still remains on the first podium, however, it has received constant criticism from users for various reasons since its launch.
What started as a small home movie business became the pioneer of a new way of creating content for large companies, however, after so much and for the first time in its history it suffered a significant market loss in terms of subscribers.
The giant of the streaming generation lost nearly 200 thousand subscribers during the first quarter of 2022a fact that has caused the first fall of the company in 10 years.
Netflix and streaming services
Netflix has been crowned the leading entertainment company, managing to change the industry in an unprecedented way. Since its beginnings in the streaming market, the company has sailed against the tide, because although its success caused the decline of companies such as block busterfaced harsh criticism from television networks and large film production companies, which considered that the then-recent content of their productions was not of comparable quality.
However, when series and movies began to gain great relevance in the digital conversation, and when the great art houses began to reward their productions, there was no other choice but to accept that this was the future. Hence, new platforms began to emerge such as Amazon Prime Video and more recently HBOMax and Disney+reaching such a point that even the mouse company decided to eliminate its pay television channels.
Despite this, the once giant has been seen more and more closely for the competition, since in the last report it was shown that Netflix has lost about 200 thousand subscribers, being the first time in 10 years that this happens. As if that weren’t enough, H.BO Max reported to have increased the number of subscribers by 13 million.
So far, Disney + is the one that comes closest to Netflix with 129.8 million subscribers in just 3 years of existence. And if that was not enough, HBO Max has managed to get 76.8 million subscriptions, already with the 13 million new users.
Users discuss the loss of Netflix market and this is what they think
On the Twitter social network, some users discussed the issue and considered different points of view. On the one hand, there is talk of what was Netflix in the beginning and the practices that could have been interpreted as monopolistic.
On the other hand, Netflix’s market loss could position Disney, amazon Y Manzana in some future as the business leaders, something that does not please some other users, mainly because the three are among the best valued companies in the world, generating millionaire income every second.
I don’t know friends I feel that we shouldn’t be so happy that Disney, Apple and Amazon are eating the rest of the market but ps well https://t.co/Gc9C7jCmxF
— twink in therapy (@daveedsc) April 25, 2022
These were some of the comments that could be read:
charles castle
@KarlosLoveSick1
Netflix had a monopoly, increased the price as it pleased, increasingly poorer content. He just dug his grave. Only Disney, Apple and Amazon have all the money in the world to spend if the platform is not profitable.Kat 🐞
@soyunnargle
Nono, that post belongs to Disney. It has National G, fox and its derivatives, sky studios that recently bought it, espn and its divisions, ACC Natwork, Pixar, Star Wars, Marvel and addingRaziel @razvidz
I hadn’t thought of that but you’re right. The great companies of always remaining as the great companies. What a novelty.
Despite these numbers, the most recent discussion continues to place Netflix as the largest company in this industrybecause by 2021, before the massive loss of subscribers, it closed the year with almost 214 million subscribers in the world, and with about 74 million between Canada and the United States, being almost the total number of HBO Max subscriptions.
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