Netflix Losing Subscribers 2024 News. Multichoice’s annual report for the year ended 31 march 2024 revealed that active dstv subscribers in south africa declined from 8.0 million to 7.6 million over the. Netflix shed almost 1 million subscribers during the spring amid tougher competition and soaring inflation that's squeezing household budgets, heightening the urgency behind the video streaming.

Signs of the strife emerged in 2022, when netflix started losing subscribers. It was the worst subscriber loss in its history but.