The major reversal came as Netflix said it lost 200,000 subscribers in its first quarter — the streaming service's first decline since 2011.
### Instruction: What is the sentiment of this news? Please choose an answer from {negative/neutral/positive}
### Input: The major reversal came as Netflix said it lost 200,000 subscribers in its first quarter — the streaming service's first decline since 2011.
### Response: moderately negative