Sunday, December 4, 2022
HomeDigit NewsNetflix is ​​about to shut down, the company's CEO expressed concern over...

Netflix is ​​about to shut down, the company’s CEO expressed concern over the decreasing subscribers

New Delhi. Netflix is ​​considering changing the subscription plan. In fact, the company has been facing a lot of losses for the last few months. This is the reason why Netflix is ​​considering bringing a new plan. Netflix CEO Ted Sarandos has also admitted that his number of users has decreased for some time, but the king of streaming is still with Netflix. At the same time, he admitted that his 2 lakh subscribers have decreased.

Ted said that this has also happened because domestic people are no longer wanting to buy Netflix because its subscription is starting to seem a bit expensive. Every customer is asking about Netflix subscription price. We are considering this also. But this will not take away the vision of Netflix at all. We will work only on customer satisfaction. The company is facing huge losses right now.

Netflix has also shown the way out to many employees in the past. In May, the company laid off about 150 employees. Whereas in June 300 employees have been laid off. Ted has expressed the hope that very soon the company will be able to create the old market. He and his team are constantly working on it. Netflix subscribers are also decreasing due to no limit on spending on content production.

Advertisements will start coming on Netflix-

As of now there is no advertisement while watching something on Netflix. But now the company is thinking of bringing such a plan, which will have advertisements in between when purchased. Ted said this complicates Netflix’s original purpose, but expects it to increase the number of subscribers. Ted told that the number of subscribers of Netflix has increased in France. Netflix has over 10 million subscribers in France. Whereas in 2020 it was 6.7 million. This is the reason why the company is also investing in growing French content.

- Advertisement -
MOBILE

- Advertisment -

- Advertisment -spot_imgspot_imgspot_img

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News

spot_img