Elon Musk Urges Followers to Cancel Netflix: What You Need to Know
Elon Musk made headlines this week by encouraging his followers to cancel their Netflix subscriptions. The controversy stems from an animated show, “Dead End: Paranormal Park,” that featured a transgender character and was canceled in 2023 after two seasons. Following some anti-trans posts and criticism of the show’s creator, Musk took to social media to urge people to cancel Netflix for the sake of their kids.
In response to Musk’s callout, the show’s creator, Hamish Steele, mentioned that it would be an odd day. Other figures, such as TV writer Jack Bernhardt, praised the show for its kind and wonderful characters. Conservative activist Robby Starbuck also joined the conversation, criticizing Netflix for promoting an ideology he believes is hateful to White Americans.
While the backlash led to a 4% drop in Netflix’s stock this week, analysts believe that the impact on the company may not be as significant as Musk hopes. With over 301 million subscribers and a market cap of around $490 billion, Netflix’s stock has been on the rise in the past year. Despite the recent dip, experts suggest that the backlash may not have a lasting effect on the company.
Although boycotts against companies over controversial issues have occurred in the past, the overall sentiment is that Netflix’s numbers should remain stable. While Musk’s call to cancel Netflix subscriptions grabbed attention, it may not necessarily translate into a significant hit for the streaming giant. As debates around content and ideology continue, the ultimate impact on Netflix remains to be seen.