Netflix loses more subscribers in Q2

By Agence France-Presse

Jul 21, 2022 12:08 am

SAN FRANCISCO, California: Netflix reported losing subscribers for the second quarter in a row on Tuesday (Wednesday in Manila) as the streaming giant battles fierce competition and viewer belt tightening, but the company assured investors of better days ahead.

The loss of 970,000 paying customers in April to June was not as big as expected and left Netflix with just shy of 221 million subscribers.

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