In 24 Hours, Netflix Could Lose Almost 25% Of Its Subscribers
Posted on AllSides November 11th, 2019
From The Center
It was Netflix’s most embarrassing day ever.
Back in 1998, Netflix was still mailing out DVDs in little paper sleeves. A thousand or so customers requested a DVD of President Bill Clinton’s famous Monica Lewinsky testimony.
They expected to see the president confessing to an affair. But there was a terrible mix-up… and Netflix accidentally sent them Chinese hardcore pornography movies. Whoops.
Netflix (NFLX) has come a long way since then. It introduced its video streaming service in 2007… and soon became one of the largest entertainment companies on earth.
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