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After years of conquering users at high speed, the streaming giant

Netflix lost 200,000 subscribers

worldwide in the

first quarter compared to the end of 2021

, the first in more than a decade.

And he expects to lose even more in the spring.

The news caused

the shares to fall by 25%

on Tuesday after the close of the

New York Stock Exchange

. To restore the situation, the pioneer of the sector intends, above all, to avoid the

exchange of identifiers and passwords

, which allow many people do not pay to access the platform.

It has also decided to invest more and more in the

production of content

so as not to give up too much ground to the

competition, such as Disney+

, which has been a success since its launch at the end of 2019.

"We know that the loss of subscribers is disappointing for

our investors

, but we are focused on achieving our objectives and

recovering the numbers

," said Reed Hastings, manager of the company. Netflix has had higher numbers during the

Covid-19 pandemic.

The market was expecting a correction, but not as strong. The industry pioneer

had planned to gain an additional 2.5 million subscribers

and analysts were expecting even more.

This drop has been due, in part, to the

suspension of the service in Russia

, which has resulted in a loss of 700,000 subscriptions.

"Without this impact,

we would have had an additional 500,000 subscriptions

" compared to last quarter, Netflix said in its earnings release.

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