The news comes after Netflix disclosed a dismal business performance in the first quarter of 2022. The company, in fact, lost 200,000 subscribers between January and March, the first subscriber decline in more than a decade. The company had expected a net gain of 2.5 million subscribers over that time period.
What are the details?
The streaming platform updated its famous corporate culture memo to include a section on "Artistic Expression," Variety reported. The memo vows Netflix will not cancel artists even if Netflix employees find the content objectionable or "harmful."