Why Netflix subscribers are complaining?

Netflix has seen its subscriber base fall for the first time in ten years, sparking a discussion about what went wrong.   Shares of Netflix fell more than 30 percent early Wednesday following news that the company lost 200,000 subscribers during the first quarter of 2022, a first in a decade.

On social media platforms like Reddit and Twitter, Netflix users listed out their issues with the streaming platform, which included low quality content, shows cancelled after a couple of seasons and price hikes.

As a result of a slump in subscribers, the streaming platform hinted that it would crack down on password sharing.  About 100 million households in the world share passwords, according to the company.

"When we were growing fast, it wasn't a high priority to work on [account sharing]. And now we're working super hard on it," Hastings told shareholders. Netflix subscribers were not happy with the crackdown on password sharing.

“Password sharing is a consequence of Netflix raising their subscription prices in the first place. Cracking down on password sharing is just going to cost them more subscribers,” a Twitter user wrote.

Another reason for the slump in subscribers – social media users blamed it on Netflix producing low quality content and cancelling shows after one or two seasons, often leaving viewers with cliff-hangers to puzzle about. Or how it is required to pay extra to stream in 4k resolution.

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