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netflix suffers record losses
netflix announced a loss of 200;000 subscribers during the first quarter of this year and the value of the
shares on the digital broadcasting platform "netflix" decreased by 26% the value of netflix shares on the newyork
stock exchange fell to approximately $257 . down from $348 at the close.
the company indicated tha it expects the decline to continue. and expected a global loss of paid subscription
by two million subscribers in the second quarter
the company said tha the suspension of its services in russia and the termination of all russian paid memberships resulted in the loss of 700.000subscribers.
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