{"id":44060,"date":"2022-07-19T20:24:12","date_gmt":"2022-07-19T20:24:12","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2022\/07\/19\/netflix-subscriber-losses-grow\/"},"modified":"2022-07-19T20:24:12","modified_gmt":"2022-07-19T20:24:12","slug":"netflix-subscriber-losses-grow","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2022\/07\/19\/netflix-subscriber-losses-grow\/","title":{"rendered":"Netflix subscriber losses grow"},"content":{"rendered":"
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After a long reign as the streaming king, Netflix isn’t ready to give up its crown.<\/b><\/p>\n<\/div>\n

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The streaming giant lost nearly 1 million subscribers between April and July, but that was less than feared and the company said subscription growth could start again later this year.<\/p>\n<\/div>\n

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The company reported its first drop in subscribers in 11 years in April, news that was followed by hundreds of job cuts.<\/p>\n<\/div>\n

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Competitors are challenging its dominance while price hikes have taken their toll.<\/p>\n<\/div>\n

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The launch of a new season of hit sci-fi drama Stranger Things in May helped the company stem the exodus – which it had forecast at around 2 million.<\/p>\n<\/div>\n

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But Guy Bisson, executive director at Ampere Analysis, said it was “inevitable” that Netflix would start easing the market.<\/p>\n<\/div>\n

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“When you’re a leader, there’s only one direction you can go, especially when there’s a lot of competitors launching what Netflix has seen in the past few years,” he said. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

After a long reign as the streaming king, Netflix isn’t ready to give up its crown. The streaming giant lost nearly 1 million subscribers between April and July, but that was less than feared and the company said subscription growth could start again later this year. 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