Netflix has missed its own forecast for user growth and the company expects to add just one million subscribers in the second quarter of 2021, according to company reports. If this happens, it will be the lowest increase in a decade.
The streaming platform added four million subscribers in the first three months of the year, below the six million it had internally expected. This puts the total userbase at 207.6m.
The company says that paid membership growth slowed during the first quarter due to COVID-19 pulling organic growth forward in 2020. Production delays also meant the content...