Netflix Losing Subscribers 2024 Reddit Today Free. Netflix is still over $18b in debt from all their content creation as of july of 2011. The streaming giant said in its earnings report on tuesday that it lost nearly one million subscribers in the second quarter.

During the first two quarters of the year, netflix lost more than 1 million subscribers, and theories abounded as to why. San francisco (ap) — netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the.