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Briefing

Netflix Loses Subscribers In North America

By
Martin Peers
· · Source: The Information

Netflix lost subscribers in North America in the second quarter, a sign of how competitive the video streaming market has become. The company reported that it lost 430,000 subscribers in the U.S. and Canada, shrinking its subscriber base in those countries to 73.95 million. Overall, though, Netflix gained 1.5 million subscribers worldwide, slightly better than it had projected, finishing the...

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