“Woke” Netflix is continuing to freefall toward going broke as the video streaming platform prepares to announce that it has lost another 2 million subscribers.
In a letter to shareholders last spring, the 25-year-old streaming service projected that two million users would cancel their membership by the second quarter.
The staggering loss comes after taking a massive hit at the beginning of this year by losing 200,000 subscribers.
“Our revenue growth has slowed considerably, as our results and forecast below show,” the report said.
“However, our relatively high household penetration — when including the large number of households sharing accounts — combined with competition is creating revenue growth headwinds.”
Netflix was a hugely profitable company until it decided to sabotage that success by going “woke” and pushing leftist propaganda onto its customers.