Trevor Noah: ‘Without Netflix, there’s no Netflix and chill’

theguardian.com:

Trevor Noah discussed troubling numbers for Netflix on Wednesday evening, after the company announced it had lost 200,000 subscribers in the first three months of this year and expects to lose 2 million more over the next quarter. The news, which sent the company’s stock tumbling 35%, is “so surprising, because me and the 43 people I share my account with, we’re still watching it all the time”, the Daily Show host quipped.

“You know how you know Netflix is in trouble? It’s because they’re even considering ads,” he added on the company’s plan to introduce a cheaper, ad-supported subscription plan. “You realize for years, Netflix has hated ads,” he said. “They treated ads the way French people treat everything.”

The decline in subscribers stems from a number of factors, including password sharing, inflation and “Rege Jean-Page leaving Bridgerton,” said Noah. “Now Netflix executives are being forced to consider multiple options. Only problem is, knowing Netflix, they’re just going to scroll through those options for like 45 minutes before they give up and just put on Seinfeld.”

But there’s “no reason to panic” said Noah, as “this was always bound to happen” with the rise of competitive streaming services such as HBO Max and Peacock.

“The king of streaming is struggling right now,” he concluded. “And I hope that they make it through, I honestly do. I like Netflix. Because without Netflix, there’s no Netflix and chill. And that would be a disaster. We need the pretense of watching Netflix for six minutes before we