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Netflix loses 130,000 subscribers

News
Published on 07/18/2019 @ 9 AM EST
Possibly due to subscription price increases, Netflix has lost more subscribers than ever. The company also didn't gain as many subscribers as it intended to this quarter—just 2.7 million instead of 5 million projected. According to CEO Reed Hastings, price increases and less-than-exciting content may be at fault.
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