Netflix Inc (NASDAQ: NFLX) shares dipped on Monday — even as the markets ended the day in the green — after a report indicated that the subscription video on demand service may be losing subscribers due to the controversy over “Cuties,” Fox Business reported.What Happened: The research firm YipitData, which authored the report, said the number of customers who didn’t renew their subscription began to increase after the film was released on the platform earlier this month, Fox Business noted.The daily subscriber churn at Netflix, as of Saturday, hit a multi-year high, with eight times more customers not renewing their …read more
Source:: Yahoo Finance
