Netflix reports lowest year of subscriber growth since 2015.
n an earnings call, Netflix's co-founder Reed Hastings said, "In every single other major market, we’ve got the flywheel spinning.
The thing that frustrates us is why haven’t we been as successful in India. But we’re definitely leaning in there."
Despite slashing the subscription cost in India and making shows and movies like Squid Games, Money Heist, Don’t Look Up and so on, Netflix subscribers growth has plunged globally as compared to last year’s growth
The video streaming platform gained 8.3 million paid members in Q4 2021.
the company fell short of its expectations for new subscribers, as it was projected to be 8.5 million.