25% of Netflix subscribers in the U.S. plan to leave the service this year

In this article (5)
During the first two quarters of this year, Netflix lost 1.2 million subscribers including a record 970,000 during the second quarter alone. So what is driving Netflix subscribers to quit the service? Two-thirds of the survey respondents who said they were planning on leaving the service blamed the rising subscription prices for their responses.
Lack of content was cited by one in three survey respondents who said that Netflix no longer has the shows they want to watch. 30% of those answering the survey said that they use other streaming services more than Netflix.
Questions & Answers
Q.What is the primary reason Netflix subscribers plan to leave the service this year?
What is the primary reason Netflix subscribers plan to leave the service this year?
Two-thirds of survey respondents planning to quit Netflix blamed rising subscription prices. The Basic plan increased by 11% in January, while Standard and Premium plans rose 20% and 25% respectively.
Q.How many subscribers has Netflix lost so far this year?
How many subscribers has Netflix lost so far this year?
Netflix lost 1.2 million subscribers during the first two quarters of this year. This included a record 970,000 subscribers during the second quarter alone.
Q.How does Netflix's subscriber count compare to Disney+'s global total?
How does Netflix's subscriber count compare to Disney+'s global total?
Disney+ and its streaming units collectively have 221.1 million global subscribers. This figure has now surpassed Netflix, which currently has 220.67 million subscribers.
Q.What actions is Netflix reportedly taking to address subscriber losses?
What actions is Netflix reportedly taking to address subscriber losses?
Netflix is expected to launch a lower-priced ad-supported tier of service later this year. This move aims to help stop the bleeding from subscriber departures.