Another 970,000 Netflix subscribers dropped
Another 970,000 Netflix subscribers dropped in the second quarter of the year.
Charso Press: Company Netflix On Tuesday, July 19, it announced that it had lost another 970,000 subscribers in the second quarter of this year. Of course, this happened while this service was expected to lose 2 million subscribers during this period.
In the first quarter of the year, when Netflix lost 200,000 subscribers, the company warned that it expects to lose another 2 million subscribers in the second quarter of the year.
The quarter ended with a net loss for Netflix, despite better-than-expected performance. The streaming giant, however, announced that it is working on a project to add one million subscribers in the second quarter of the year.
According to the announcement NetflixThe company’s revenue in the second quarter of the year was 7.97 billion dollars, which has grown by almost 8% compared to last year.