Wednesday 21 April 2021

Netflix subscriber growth slows after pandemic boom, shares fall 11%

Netflix subscriber growth slows after pandemic boom, shares fall 11%

Netflix Inc (NFLX.O) said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter, sending shares of the world's largest streaming service down 11% on Tuesday.
Read more: https://www.reuters.com/business/media-telecom/netflix-misses-expectations-quarterly-paid-subscriber-additions-2021-04-20/?source=Snapzu

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