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Netflix Subscriber Drop Not As Bad As Expected, But Trouble Foreseen

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By Paul Thurrott

Netflix announced Monday that 810,000 subscribers had dropped its service this past quarter after price hikes and a confusing series of announcements. And while the firm posted better-than-expected financial results, earning $62 million on a record $822 million in revenues, it predicted more subscriber losses in the coming quarter.

 

Source: Win Super Site

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