Netflix isn’t sweating the loss of “Friends” and “The Office,” it swears

Netflix isn’t sweating the loss of “Friends” and “The Office,” it swears

Six months after Netflix raised prices on its US streaming plans, the 22-year-old company reported its worst subscriber stumble in a decade. Netflix on Wednesday noted a loss of 130,000 US subscribers in the second quarter of 2019, sending its stock tumbling 13% in afternoon trading. Analysts credited the fall-off to higher subscription prices—though Netflix also saw half the international subscriber growth it had predicted for the quarter—and Netflix blamed the decline in part on a lackluster content lineup.