Daily Reading & Meditation: Saturday (July 20)July 20, 2019
Health Care Is a Right, But That Gets Sanders Only So Far, by James C. CaprettaJuly 20, 2019
By Kaylee Greenlee, LifeNews, July 19, 2019
WASHINGTON, DC – Netflix’s latest quarterly report shows the streaming service giant experienced a chill in growth with its first quarterly loss of paid domestic subscribers in eight years. The dip in subscriptions came in the same quarter as Netflix’s decision to take a stance against Georgia’s pro-life “heartbeat bill.”
Netflix “on Wednesday reported a loss of 126,000 domestic paid subscribers compared with analysts’ expectations for a 352,000 gain,” CNBC reported. “Netflix also missed its own forecast for global subscriber growth by 2.3 million.”
A shareholders report stated that the company’s “U.S. paid membership was essentially flat in Q2, [but they] expect it to return to more typical growth in Q3.”
Pro-life activist Lila Rose, president and founder of the nonprofit Live Action, tweeted, “When Georgia passed the Heartbeat bill, Netflix threatened to stop doing business in the pro-life state. Thousands of pro-life customers expressed their outrage.”. ….