After tremendous growth in the wake of the Corona restrictions, Netflix has recently been noticeably worse. The share price plummeted.

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After the corona-related subscription boom in the first half of the year, the number of customers for the online video service Netflix fell sharply in the third quarter. In the three months to the end of September, the bottom line was only 2.2 million payment subscriptions, as the streaming market leader announced on Tuesday after the US market closed. In doing so, Netflix missed its own forecast and remained well below the analysts’ expectations. Investors let the share fall by around six percent in an initial reaction after the trading day.

Had series hits like “Tiger King” in combination with the increased streaming demand due to the corona pandemic in the previous quarters caused a huge rush , user growth has now slowed down sharply. Compared to the same period of the previous year, when 6.8 million customers were added, things looked much more modest. Year-on-year profit increased from 665 million to 790 million dollars (668 million euros), but also fell short of expectations. Meanwhile, sales even increased by around 23 percent