“Netflix loses 6 million subscribers within hours of donation announcement.”
Netflix loses almost a million subscribers [...] "Netflix's subscriber loss was expected but it remains a sore point for a company that is wholly dependent on subscription revenue from consumers," said Insider Intelligence analyst Ross Benes. [...] Shares climbed more than 7% in after-hours trade on relief that the losses were not larger. The firm had warned it could lose as many as two million subscribers.