{
  "id": 15811716,
  "title": "Netflix shares drop on slowing engagement, revenue growth",
  "url": "https://urgent.news/2026/10/20/netflix-shares-drop-on-slowing-engagement-revenue-growth-15811716",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T22:01:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/21/netflix-shares-drop-on-slowing-engagement-revenue-growth"
  },
  "original_language": "en",
  "account": "Netflix's stock fell more than 5% on Tuesday following its quarterly earnings report, which did not satisfy investor worries about a slowdown in viewer engagement and revenue growth. In a letter to investors, the company acknowledged concerns about subscriber view hours growth and stated it was confident in accelerating that growth. The streaming giant has been struggling to meet investor expectations due to competition from other streaming services and entertainment forms, including gaming and sports. Netflix's revenue and net income for the third quarter ended in September were US$12.87 billion and US$3.7 billion, respectively, exceeding investor expectations. However, the company did not disclose overall figures for subscriber view hours in the quarter, noting that in India, the metric rose 24% compared to the same period last year. In July, Netflix reported that subscribers spent 97 billion hours watching content in the first half of 2025, a 2% increase year-over-year. Co-CEO Ted Sarandos acknowledged that Netflix's growth had fallen short of expectations, suggesting that live shows could provide a boost. The company is reportedly planning to cut around 6% of its workforce, or 1,000 jobs, according to media reports.",
  "summary": "The California-based streaming giant has struggled to meet investor expectations for several quarters amid competition from other entertainment providers.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Japan Today",
        "title": "Netflix posts higher Q3 profit but revenue growth worries pull shares lower",
        "url": "https://urgent.news/2026/10/20/netflix-posts-higher-q3-profit-but-revenue-growth-worries-pull-shares",
        "published": "2026-10-20T21:42:30.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Netflix shares drop on slowing engagement, revenue growth",
        "url": "https://urgent.news/2026/10/20/netflix-shares-drop-on-slowing-engagement-revenue-growth",
        "published": "2026-10-20T22:01:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Netflix shares drop on slowing engagement, revenue growth",
        "url": "https://urgent.news/2026/10/20/netflix-shares-drop-on-slowing-engagement-revenue-growth-15825326",
        "published": "2026-10-20T23:23:50.000Z"
      },
      {
        "outlet": "Gulf News",
        "title": "Netflix posts higher Q3 profit, revenue up 12% to $12.87B, growth worries pull shares lower",
        "url": "https://urgent.news/2026/10/21/netflix-posts-higher-q3-profit-revenue-up-12-to-12-87b-growth-worries",
        "published": "2026-10-21T01:51:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}