Netflix’s video streaming service saw a historic drop in subscribers Tuesday, and Elon Musk said it was due to the “woke mind virus” in the media.
Netflix’s video streaming service lost 200,000 subscribers between January and March, according to a quarterly report released Tuesday. The reported losses led to its stock dropping 25% in aftermarket trading, setting the stage for a loss of $42 billion in value Wednesday.
<mediadc-video-embed data-state="{"cms.site.owner":{"_ref":"00000161-3486-d333-a9e9-76c6fbf30000","_type":"00000161-3461-dd66-ab67-fd6b93390000"},"cms.content.publishDate":1650455202361,"cms.content.publishUser":{"_ref":"0000017d-8cce-d87c-af7f-ddce9ca80000","_type":"00000161-3461-dd66-ab67-fd6b933a0007"},"cms.content.updateDate":1650455202361,"cms.content.updateUser":{"_ref":"0000017d-8cce-d87c-af7f-ddce9ca80000","_type":"00000161-3461-dd66-ab67-fd6b933a0007"},"rawHtml":"
var _bp = _bp||[]; _bp.push({ "div": "Brid_50312842", "obj": {"id":"27789","width":"16","height":"9","video":"995158"} }); ","_id":"00000180-46cb-dfac-a3c2-5fdba4f00000","_type":"2f5a8339-a89a-3738-9cd2-3ddf0c8da574"}”>Video EmbedThe Tesla and SpaceX CEO replied to a Slashdot tweet about Netflix’s loss, saying, “The woke mind virus is making Netflix unwatchable.”
Pranay Pathole, an artificial intelligence engineer, replied to Musk, saying that the “woke mind virus is the biggest threat to the civilization.” Musk replied, “Yes.”
Other Twitter users agreed that woke content had driven the exodus.
Another Twitter user said that rising prices due to inflation have not helped.
‘HOLDING UP A MIRROR’: JACK DORSEY BLASTS CNN AND BRIAN STELTER FOR FAKE NEWS
One person commented that Netflix’s price hikes now cost subscribers between $9.99 and $19.99 per month.
A Twitter user also attributed subscriber losses to the easing of COVID-19 restrictions.
The drop in subscribers stems in part from Netflix’s withdrawing service from Russia in protest of the country’s war against Ukraine, which resulted in a loss of 700,000 subscribers. The overall loss came unexpectedly, however. Netflix’s management has projected a conservative gain of 2.5 million subscribers.
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
The company is bracing for an additional 2 million subscribers lost between April and June, further raising investor fears.
