Netflix rocked by first subscriber loss in a decade, may offer cheaper version with ads - News24

Netflix said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first time in more than a decade and predicted deeper losses ahead, marking an abrupt shift in fortune for a streaming company that thrived during t…

• Netflix said inflation, the war in Ukraine and fierce competition contributed to a loss of 200 000 subscribers in its first quarter
• This is its first loss of subscribers in over a dec… [+5514 chars]
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