Netflix says Ukraine war contributed to subscriber losses

Netflix says Ukraine war contributed to subscriber losses

Netflix is because of the war in Ukraine as one of the reasons it has reported a drop in subscribers for the first time in a decade.

Qazet.az reports that the streaming giant joined a Western corporate boycott of Russia over its invasion of Ukraine.

The decision cost the company 700,000 new accounts, Netflix said.

Netflix is now facing a class action lawsuit from its former Russian subscribers.