This week, the Society for American Archaeology published an open letter to Netflix and the television production house ITN requesting that they re-classify its new series Ancient Apocalypse as a work of fiction rather than a docuseries.
Shares of Netflix plunged 37% Wednesday after the streamer reported earnings Tuesday evening that showed it lost subscribers for the first time in more than 10 years. The results and weak outlook led to a wave of downgrades from Wall Street on fears over the company’s long-term growth potential.