Netflix Revenue Loss Cuties
Cuties is a social commentary against the sexualization of young children the company said in a statement to fox news.
Netflix revenue loss cuties. Firstly the 9 billion drop in price has to do with the drop in netflix inc s stock price which did take a big dip after the cuties controversy came to the forefront. Netflix subscriber churn rates began to rise sept. The trailer has nearly 2 million dislikes on youtube and only 47 000 likes. They further encourage users to watch this film.
Plus over 600 000 people signed a petition to persuade netflix to cancel the premiere of cuties yet the streaming giant still released it. As netflix has introduced its service to more than 190 countries it has said people all over the world watch the same kinds of shows. So yes the company did lose around 9 billion in one day in the stock market on september 11 when the calls for boycotting the streaming service became the most intense. Netflix facing serious backlash following the release of the french coming of age film cuties is seeing a wave of cancellations on the platform new data suggests according to.
Not everyone in egypt likes stranger things as much as. 10 the day after the release of cuties on netflix when the hashtag cancelnetflix was in the top trending spot on twitter. It is a powerful tale and an award winning movie that considers the pressure that young girls go through on social media from their society. But just like everyone else on the left netflix doesn t care about what we want or even what.
After days of silence netflix attempted to speak to the criticism on thursday urging detractors to give the film a chance. The hashtag cancelnetflix was the no. Netflix nasdaq nflx isn t joining in the broad market rally down 1 3 today amid reports that daily churn has hit a multi year high in the days since its controversial release of the film cuties. Netflix which releases its own data in quarterly earnings reports the next is expected in mid october has not responded to a request for comment on the reported loss.
Netflix then responded and stated that cuties is a social tale that is totally against child sexuality.