reported.” data-reactid=”19″>Netflix Inc (NASDAQ: NFLX) shares dipped on Monday — even as the markets ended the day in the green — after a report indicated that the subscription video on demand service may be losing subscribers due to the controversy over “Cuties,” Fox Business reported.
The daily subscriber churn at Netflix, as of Saturday, hit a multi-year high, with eight times more customers not renewing their subscriptions than in August.
petition demanding that the Maïmouna Doucouré-directed film be removed from Netflix, and the streaming platform be charged with “Distribution of Inappropriate Child Material,” gained 626,689 signatures as of press time.” data-reactid=”22″>A petition demanding that the Maïmouna Doucouré-directed film be removed from Netflix, and the streaming platform be charged with “Distribution of Inappropriate Child Material,” gained 626,689 signatures as of press time.
promotional poster and the alleged “sexualized behavior” of the movie’s child actors according to the New Yorker.” data-reactid=”28″>The outcry arose due to a promotional poster and the alleged “sexualized behavior” of the movie’s child actors according to the New Yorker.
The backlash has also spread to the political circles with Senator Ted Cruz (R-Texas) and other members of Congress calling for subscribers to “#CancelNetflix.” Cruz also called for a criminal investigation of Netflix in relation to the movie.
Representative Tulsi Gabbard (D-Hawaii) called Cuties “child porn” on Twitter, claiming the film would “will certainly whet the appetite of pedophiles [and] help fuel the child sex trafficking trade.”
Netflix says they have updated pictures and description of the movie. “We’re deeply sorry for the inappropriate artwork that we used for Mignonnes/Cuties,” a company spokesperson told Fox Business.
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