Netflix Subscriber Growth Slows As Pandemic Winds Down

[kardashian09]

Netflix’s subscriber growth has slowed substantially as the streaming boom ignited by the ongoing Covid-19 pandemic appears to be diminishing. Just over a year ago when Covid-19 forced the majority of the world into lockdowns, the extensive libraries of streaming providers became a saving grace for so many.

While fears of the pandemic as well as of the economic impact on people’s incomes became entirely commonplace, streaming platforms like Netflix have enjoyed a tremendous rise in new subscribers. For months now, it’s been clear that with the closure of cinemas, streaming platforms are well and truly in a prime position to completely revolutionize the way that films are released and viewed. The popularity of services like Netflix or Disney+ has also upped the ante for subscription streaming platforms to create original content. Despite production on many new TV programs and films having been slowed by the pandemic, subscribers have been treated to several great surprises throughout this difficult time. But while Netflix appears to have grown into an invincible force during the past year, the new reality for the service is not quite as clear cut.