Skip to contentSwipe for next articleIndependent Bulletin homepageDownload our appAllNewsSportCultureLifestyleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Membership today.Join todayAlready a member? Log inJ.R. DurenTuesday 20 October 2026 17:05 BSTThe Netflix logo is displayed at a company office on May 12, 2026 in Los Angeles, California (Getty)Netflix is expected to release a disappointing earnings report following slow subscriber growth and a 23 per cent drop in its stock price in 2026.The streaming giant recently sacked its chief content officer, the chairman of Netflix Film, and 1,000 staff members across tech, legal, product, and HR departments.Co-chief executive Ted Sarandos reportedly warned that recent releases lack the punch of previous hit series such as Stranger Things, Wednesday, and Squid Game.Long gaps between seasons have severely harmed viewership, with Wednesday losing 59 per cent of its audience following a gap of nearly three years between seasons.Analysts at Morgan Stanley suggest Netflix is fighting harder to remain relevant amid stagnant viewing hours and a lack of new major English-language hits.In fullNetflix on the ropes? Subscribers are in decline as streaming service hunts for ways to keep you hookedMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in