A Lot Riding on Stranger Things as New Data Shows Netflix Subscribers More Likely to Leave After First Month
Netflix has a lot on the line with its latest installment of Stranger Things. New data shows that Netflix subscribers are more likely to leave the service in the first month than subscribers of any other streaming competitors. Big Media was sleeping on them for a long time, but now offer their own services and have taken their shows and movies with them. Peter Kafka, senior correspondent at Recode, joins us for how they are responding… cheaper, ad supported version and splitting seasons into two parts.
Next, booster shots coming in the fall will be tailored to the latest wave of the pandemic and target Omicron and its subvariants BA.4 and BA.5. This would hopefully provide more short-term immunity protections as new variants have been better able evade current vaccines. Pfizer would most likely be the first ready with these new boosters. Carolyn Johnson, science reporter at The Washington Post, joins us for more.
Finally, we are hearing a lot more about hiring freezes and layoffs as high inflation and fears of a recession persist. The latest we have seen over the past few weeks are some companies rescinding jobs offers. It’s not happening on a large scale yet, but what should you do if it happens to you. Jennifer Liu, work reporter at CNBC Make It, joins us with some tips on how to get yourself back out there.
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