Netflix reports that it lost nearly 1 million subscribers in the second quarter of 2022, but that was better than the 2 million it had forecast. Marcio Jose Sanchez/AP
Marcio Jose Sanchez/AP
The media world – especially in streaming – breathed a huge sigh of relief Tuesday.
That’s because Netflix’s second-quarter earnings report revealed the company lost 970,000 subscribers. And while that is a big number – the biggest subscriber loss in the company’s 25-year history — it is also a little less than half
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