Netflix Loses $20 Billion Thanks To Elon

Netflix (NFXNCHL) took a massive stock drop on Friday as Elon Musk urged users to cancel their subscriptions because of a cartoon or something.

The streaming company’s numbers dipped 5%, the biggest fall since April 4 (spring). This is way behind other market leaders like Amazon (AZNM) and Meta (FB) who reached a 2% boost in comparison.

It’s unclear whether the stock fall off is because of Elon Musk or because I’ve already watched everything good on their now and now there’s nothing I’m really interested in until Stranger Things comes out again so I’m thinking of cancelling my subscription and then maybe renewing and giving Paramount Plus a try for a while I’ve heard they’ve got a mountain of entertainment at a reasonable price.

Or maybe it’s that they’re adding ads now. (Which Netflix say they’re going to make $3 billion from next year.)

Either way, Musk Tweeted (X’d) on X (ex-Twitter) that his 227 million followers to “Cancel Netflix for the health of your kids.” Because of woke.

The disgustingly offensive agent of child mind control in question (and Netflix’s new cartoon on the right)

But since that was only Monday, it’s unlikely the stock reflects the ramifications of any actual boycott.

In other Netflix news (just because I thought this was interesting), the death of Monkey Lady, Jane Goodall, has sparked the release of a new series on the streamer.

Why? Well, turns out they have an interview banked with the biologist and have only now released it that she’s died.

That feels a bit morbid, like they’re cashing in, but that’s actually the premise of the show. It’s called Famous Last Words and they’ve interviewed a bunch of people in secret, knowing that the recordings would only be released on their death. In theory, this allows them to be a bit more candid in their responses because, well, they won’t care; they’re dead.

Pretty clever.

Now, I know this seems like an advert, but I’ve not even seen it, I promise, I’m not paid by Netflix, no, I’m paid by Paramount Plus which has a huge variety of iconic drama, action, reality, comedy, docs and kids shows all on Paramount+ with a 7-day free trial that you can start today & stream all your favourite movies & exclusive series! With everything from Mission Impossible to Star Trek and not much in between, there’s at least a hill of content on Paramount+!

For more Netflix news, click here: $NFLX Plans Stellar Quarter by Raising Prices and Doubling Down on Mediocre Content