NEWS OF NETFLIX'S loss of subscribers in the first quarter of the year came a week before CinemaCon 2022, the gathering in Las Vegas of studios and cinema operators. It's easy to imagine one industry toasting the apparent fall of the other.
The leading streaming company's first reported fall in users in ten years had a quick impact. Netflix's value plummeted by $50bn overnight, and it subsequently made 150 staff members redundant.
Ahoy, me hearties!
This story is from the Summer 2022 edition of Home Cinema Choice.
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This story is from the Summer 2022 edition of Home Cinema Choice.
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