Netflix Is in a Tailspin
Even with Biden still in office, there can be good news. Leftist streaming service Netflix, which has gone out of its way to poison American culture with moonbattery and degeneracy, is listing astern and taking on water:
Shares of Netflix — which has a production deal with former President Barack Obama — were down nearly 12 percent in morning trading Monday after the stock plummeted more than 20 percent Friday after the streamer reported weaker-than-expected subscriber results for the fourth quarter and a pessimistic outlook for the first quarter of the new year.
Netflix stock has lost 40% of its value since the start of the year. At this rate, it will be worth nothing whatsoever by March.
Hundreds of thousands of subscribers are expected to bail out of Netflix as popular shows migrate to other streaming services.
This might set you laughing even harder:
Netflix has blamed the recent quarter’s weak subscriber growth on the COVID-19 pandemic…
If any company stood to benefit from the insane lockdowns almost as much as Amazon, it would be Netflix, as Big Government spent the country into oblivion paying people to sit home watching television instead of working.
As usual, the company didn’t address consumer disenchantment with its increasingly woke, left-wing content, including the climate-change satire Don’t Look Up and the titles produced under the Obama’s production banner.
The show Cuties, which raunchily sexualized prepubescent girls, was particularly egregious. Subscribers to Netflix are once again encouraged to consider cancelation.
On a tip from Varla.
YOUR SUPPORT IS APPRECIATED
Donations buy time to produce more content. If you enjoy this site, please consider donating through Cash App to $moonbattery or through PayPal by clicking the button below:
[…] Visit Direct Link […]