Ten Things I Hate About You: Myriad reasons combine for Netflix share price tumble

Subscriber losses, competition, poor pricing

Many investors were shocked last night by the revelation numbers of new Netflix subscribers had fallen for the first time in more than a decade.

Owing to a variety of contributing factors, however, several industry commentators said they could have foreseen the tumble. On Tuesday (19 April), Netflix's first quarter earnings revealed its global streaming paid memberships had fallen by 200,000 subscribers over the past three months and added that it anticipated losing a further two million over the next quarter. Investors wary of subscription model businesses as cost-of-living pressure increases The only region immune to this dip was Asia Pacific, which saw memberships grow by one million over the same period. Markets were...