Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Netflix to lose 700,000 UK customers in two years, analysts predict

Daniel Craig in Netlix’s Glass Onion: a Knives Out Mystery (2022).
Daniel Craig in Netlix’s Glass Onion: a Knives Out Mystery (2022), which launched on 23 December. Photograph: Joh Wilson/Netflix

Netflix is expected to suffer a second year of falling subscriber numbers in the UK in 2023 as the cost of living crisis takes its toll and the streaming giant’s new cheaper, ad-supported service takes time to win over users.

The world’s biggest streaming service is expected to have lost about 500,000 UK subscribers in 2022 and to lose a further 200,000 this year, as increasingly budget-conscious consumers cut back on spending.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.