New York (CNN Business)Netflix has had a terrible 2022. In April, it said it lost subscribers for the first time since 2011. Its stock has tumbled more than 60% so far this year. Yet its recent struggles may not be the start of a downward spiral or the beginning of the end for the streaming giant. Rather, it's a sign that Netflix is becoming a more traditional media company.

As a newcomer to Neil Gaiman’s seminal comic book series “The Sandman” (cue diehard fans immediately clicking out of this review, and fair enough!), I came to Netflix’s adaptation with an open mind and curious eye. Knowing this 1989 title had spawned onscreen spinoffs of “Sandman” characters — “Lucifer,” “Constantine,” etcetera — but never one of its own, it was hard not to wonder what about it might have made a live-action version so hard that it never happened until now.

Spacey was cut from the Netflix show following sexual harassment allegations - something the production company said led to it losing millions in revenue.

Netflix is the home of some of the biggest shows on television that have already run (or are guaranteed to run) for many seasons, but the streamer has also gained a reputation for canceling shows after just one batch of episodes. Now, as the writers of Stranger Things announced that they’re getting to work on the fifth and final season, news has broken that another show got the axe after just eight episodes this summer.

It's considered one of the great comic book series of all time, and now it's finally made it to the small screen. So ends an agonising journey, creator Neil Gaiman tells Stephen Kelly.

The shows don't have to be good, just there

Netflix has dropped the official trailer from Andrew Dominik’s “Blonde,” an NC-17 biopic starring Ana de Armas as Hollywood icon Marilyn Monroe. The movie, based on the bestselling novel by Joyce Carol Oates, will world premiere in competition at the Venice Film Festival.

Pinocchio is coming to life. A new trailer for director Guillermo del Toro’s animated film version of the classic tale has been released by Netflix. “From my many wanderings on this earth, I had so much to say about imperfect fathers and imperfect sons,” Ewan McGregor’s Sebastian J. Cricket narrates at the start of the trailer. “I want to tell you a story. It’s a story you may think you know, but you don’t — the story of the wooden boy.”

It turns out that Eddie Munson was such a massive breakout from “Stranger Things 4” that the character saved actor Joseph Quinn from a prolonged detainment at a U.S. airport. During an appearance on “The Tonight Show,” Quinn told host Jimmy Fallon that he nearly missed the interview because he got detained at the airport by U.S. immigration.

Netflix has reportedly started directing users on iPhone and iPad to an external webpage where they can sign up for the service, according to a report from 9to5Mac. The change comes just months after Apple started letting “reader” apps that provide access to digital content, like Netflix and Spotify, link out to account sign-up pages on their own websites.

Just putting this out there: Joe and Anthony Russo are not filmmakers. The brothers — best known for helming Avengers: Endgame — have just released their latest business venture, The Gray Man, on Netflix. To say they directed it would be a questionable assertion, at least in the traditional cinematic sense. Directed like a VP of Finance might direct a project to implement a new accounting system, perhaps.

American television viewers spent more than a third of their time with streaming platforms in June, an all-time high. Nielsen’s monthly platform rankings show streaming taking up 33.7 percent of viewing time for the month, up from 31.9 percent in May and the highest mark since the measurement company began its monthly “Gauge” report in May 2021.

After enjoying a long reign as the king of streaming, Netflix faces a tough fight to keep its crown. It lost almost a million subscribers between April and July as more people decided to quit the service. The streaming giant has now lost members for two quarters in a row, but the drop was smaller than it feared.

Netflix reported its second-quarter 2022 earnings Tuesday, revealing it lost 970,000 subscribers during the three-month period that included the launch of the first part of “Stranger Things…

Netflix‘s new adaptation of Resident Evil has become one of the worst rated shows ever. The show only dropped last week, though ratings have been very low already, with Rotten Tomatoes showing an audience score of just 25 per cent. The series also has an average user rating of 3.6 per cent on IMDb.

Netflix is trying to make users pay if they share passwords

Netflix, once a darling of Wall Street, is suddenly on the ropes. The streaming giant will report its second-quarter earnings on Tuesday, and it’s shaping up to be one of the most consequential moments in the 25-year history of the company.

The Netflix show sold the European sport to a U.S. audience. But will the romance last after the series is gone?

The streamer announced in April that it was planning on rolling out an ad-supported tier after years of resisting the move.

A new cast has signed on for the next season of “Black Mirror,” Variety can reveal. Netflix’s hit anthology series is gearing up for its long-awaited return and has lined up a star cast for Season 6. The show is now believed to be in production.