Netflix loses 970,000 subscribers, its largest quarterly loss ever
https://techcrunch.com/2022/07/19/netflix-loses-970000-subscribers-its-largest-quarterly-loss-ever/
During the three-month period ending June 30, Netflix reported a loss of only 970,000 subscribers. Last quarter, the company had a weak outlook for the second quarter and predicted a net loss of 2 million subscribers. While this beats the projection, it is still the largest quarterly loss in the company’s history.
The company reported a total of 220.67 million subscribers and said it expects to add one million in the third quarter.