Netflix loses subscribers for the second quarter in a row, but much less than expected

The declining number of subscribers has several causes. In addition to the competition from platforms such as HBO Max and Disney+, more and more people are also choosing to share a subscription. Netflix wants to tackle that by making everyone who watches movies or series on Netflix pay, a shared subscription or not. According to the company, a trial of this new system has been successful. In addition, there will also be a cheaper subscription, but you will see advertising on it.

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