Netflix’s big 4Q lifts video service above 200M subscribers
3 years, 11 months ago

Netflix’s big 4Q lifts video service above 200M subscribers

Associated Press  

SAN RAMON, Calif. — Netflix’s video streaming service has surpassed 200 million subscribers for the first time as its expanding line-up of TV series and movies continues to captivate people stuck at home during the ongoing battle against the pandemic. The service added another 8.5 million subscribers during the October-December period, capping Netflix’s biggest year since its inception as a DVD-by-mail service in 1997. The fourth-quarter gains easily topped the projections of the roughly 6 million additional subscribers projected by Netflix’s own management and Wall Street analysts, even as the company began rolling out price increases of 8% to 13% in the U.S. Netflix’s stock surged by more than 12% extended trading after the latest subscriber numbers came out. “It gets us fired up about increasing our membership and increasing our content production.” To retain and attract subscribers, Netflix already had been spending so much money on original programming that the company usually ends up shoveling out more cash than its video services brings in from its subscribers, although it has remained profitable under the accounting standards allowed in the entertainment industry.

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History of this topic

Netflix says ad-supported plan now has 70 million monthly active users
1 month, 1 week ago

Netflix says ad-supported plan now has 70 million monthly active users

LA Times  

Baltimore Ravens quarterback Lamar Jackson in action during the first half of an NFL football game against the Tennessee Titans in 2020 in Baltimore. Netflix said Tuesday that it had reached 70 million monthly active users on its ad-supported plan, two years after launching its cheaper subscription tier that includes commercials. Netflix said it had sold out of the in-game …

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off
5 months ago

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off

The Hindu  

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off
5 months ago

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off

Associated Press  

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Netflix Sees Biggest Drop In User Addition As Password Sharing Issues Take A Toll
5 months ago

Netflix Sees Biggest Drop In User Addition As Password Sharing Issues Take A Toll

News 18  

– Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown on password sharing ebbed and viewer attention moved to summer sporting events including the Euro soccer tournament. Netflix's original shows such as the historical romance "Bridgerton" and the limited series "Baby Reindeer" – based on comedian Richard Gadd's experience with …

Netflix’s recipe for success includes ‘secret sauce’ spiced with Silicon Valley savvy
6 months, 2 weeks ago

Netflix’s recipe for success includes ‘secret sauce’ spiced with Silicon Valley savvy

Associated Press  

LOS GATOS, Calif. — Although its video streaming service sparkles with a Hollywood sheen, Netflix still taps its roots in Silicon Valley to stay a step ahead of traditional TV and movie studios. “It is a secret sauce for us, no doubt,” Eunice Kim, Netflix’s chief product officer, said while discussing the nuances of the ways Netflix tries to reel …

Netflix hits 40 million users for ad-supported plan
7 months, 1 week ago

Netflix hits 40 million users for ad-supported plan

The Hindu  

Netflix said on Wednesday its ad-supported tier has reached 40 million global monthly active users, from 5 million a year earlier, a sign that its push to attract new users with the cheaper plan is paying off. Netflix's ad-tier plan costs $6.99 per month, compared with monthly plans of $9.99 from Warner Bros Discovery's streaming service Max and $7.99 for …

Netflix wants us to stop obsessing over subscriber numbers. What that says about the company
8 months ago

Netflix wants us to stop obsessing over subscriber numbers. What that says about the company

LA Times  

If you run a streaming service and you want Wall Street analysts and investors to stop caring so much about your subscriber numbers, you have a couple of options. Instead, Netflix would prefer that the market judge its business based on metrics including sales and free cash flow, which is a better indicator of the company’s overall health. And if …

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
8 months ago

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024

Associated Press  

Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service’s future growth. The strategy resulted in Netflix adding 30 million subscribers last year — the second largest …

How Netflix survived the streaming wars to stay the subscription video king
9 months, 2 weeks ago

How Netflix survived the streaming wars to stay the subscription video king

LA Times  

Four years ago, Netflix was faced with a formidable challenge to its dominance. “Their competitors are so desperate to make money, they’re giving this content to Netflix,” said Jeffrey Wlodarczak, chief executive of Pivotal Research Group. In January, the streamer announced it would become the exclusive host to WWE’s weekly pro wrestling show “Raw” in 2025, which analysts say will …

Netflix to remove its cheapest ad-free subscription – as password crackdown pays off
11 months ago

Netflix to remove its cheapest ad-free subscription – as password crackdown pays off

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The holiday season gains - the biggest Netflix has posted in the fourth quarter - exceeded the …

Netflix’s gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results
11 months ago

Netflix’s gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results

Associated Press  

SAN FRANCISCO — Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year that included a crackdown on viewers freeloading on the video-streaming service and a smattering of price hikes. Netflix signaled it will try to justify the higher subscription prices — and perhaps reel in more advertisers to …

2024 Is Going to Be a Rough Year for TV
11 months, 1 week ago

2024 Is Going to Be a Rough Year for TV

Wired  

Numbers tell the story, even if they’re not precise. “About 130”—that’s how many fewer shows Netflix reportedly released last year versus 2022. “Several hundred”—the estimate of how many people Amazon is said to be laying off in the company’s Prime Video and MGM Studios divisions. “Even though unions secured huge victories, writers and actors have returned to an industry that …

Disney CEO Bob Iger touts streaming progress after a year of ‘fixing’
1 year, 1 month ago

Disney CEO Bob Iger touts streaming progress after a year of ‘fixing’

LA Times  

Bob Iger said Disney is ready to build its business again after a long period of “fixing.” Nearly a year after Bob Iger made his dramatic return to lead Walt Disney Co., the chief executive says the world’s best-known entertainment company is ready to build its business again after a long period of “fixing” what had gone wrong in his …

Netflix says its ad-supported plan now has 15 million monthly active users
1 year, 1 month ago

Netflix says its ad-supported plan now has 15 million monthly active users

LA Times  

Netflix says its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch. Netflix on Wednesday said its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch, triple the amount that the Los Gatos, Calif.-based streaming video giant disclosed in May. Monthly active users would …

Netflix's password-sharing crackdown reels in subscribers as it raises prices for its premium plan
1 year, 2 months ago

Netflix's password-sharing crackdown reels in subscribers as it raises prices for its premium plan

The Hindu  

Netflix on Wednesday disclosed summertime subscriber gains that surpassed industry analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers. This year’s subscriber inroads have been made despite entertainment labor strife centered in part on writers’ and actors’ complaints about unfairly low payments doled out by video streaming services such as Netflix. …

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan
1 year, 2 months ago

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan

Associated Press  

SAN FRANCISCO — Netflix on Wednesday disclosed summertime subscriber gains that surpassed industry analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers. The $15.50 per month price for Netflix’s most popular streaming option in the U.S. will remain unchanged, as will a $7 monthly plan that includes intermittent commercials. This year’s …

Netflix adds 9 million subscribers in third quarter despite Hollywood strikes
1 year, 2 months ago

Netflix adds 9 million subscribers in third quarter despite Hollywood strikes

LA Times  

A fighting scene from the Netflix series “One Piece,” which was released in the third quarter. Netflix added 9 million subscribers during the third quarter, the Los Gatos, Calif., streaming video giant said Wednesday, citing popular original shows and older licensed content, as well as the company’s crackdown on password sharing and its budding advertising business. During the third quarter, …

Netflix UK sales grow as it gains more and higher-paying subscribers
1 year, 2 months ago

Netflix UK sales grow as it gains more and higher-paying subscribers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Netflix UK has revealed its …

Netflix bids adieu to subscriber-based DVD service after 25 years
1 year, 2 months ago

Netflix bids adieu to subscriber-based DVD service after 25 years

India TV News  

Streaming giant Netflix has officially concluded its long-standing subscriber-based DVD rental service. In April, Netflix had announced its intention to discontinue the DVD rental business, citing a dling demand for physical rentals that made it increasingly challenging to maintain the desired level of service. While the discontinuation of the DVD rental service signifies the end of an era, Netflix offered …

Netflix signups remain high, fuelled by password-sharing crackdown
1 year, 4 months ago

Netflix signups remain high, fuelled by password-sharing crackdown

The Hindu  

Signups for Netflix in the United States remain elevated despite a fall from June's record high after the video-streaming pioneer's crackdown on shared passwords came into effect in May, according to data from research firm Antenna. Attracting new subscribers and retaining old ones has become a tough task in the last few years as customers now have a surfeit of …

Disney streaming service sees subscribers fall again
1 year, 4 months ago

Disney streaming service sees subscribers fall again

The Hindu  

Disney on Wednesday reported a loss for the most recent quarter, with the number of subscribers to its streaming service shrinking again, but a pledge to crack down on password sharing sent shares higher in after-market trades. The falling Disney+ subscriber numbers - for the third consecutive quarter - came as a major writers and actors strike hits the U.S. …

Netflix’s subscriber growth surge signals that password sharing crackdown is paying off
1 year, 5 months ago

Netflix’s subscriber growth surge signals that password sharing crackdown is paying off

The Hindu  

Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, providing the latest sign that a recent crackdown on password sharing and the rollout of a cheaper subscription option are paying off. Money manager Louis Navellier said Netflix now appears “locked and loaded” again after going through a turbulent stretch that included …

Netflix’s subscribers surge after password-sharing crackdown
1 year, 5 months ago

Netflix’s subscribers surge after password-sharing crackdown

Al Jazeera  

Streaming giant says it added nearly 6 million customers after restricting the sharing of accounts between households. Netflix has announced the addition of nearly six million new subscribers following its crackdown on password sharing. Both figures marked an improvement in Netflix’s fortunes compared with the first quarter, when the entertainment company reported 1.75 million new subscribers and a profit of …

Netflix’s subscriber growth surges in a sign that crackdown on password sharing is paying off
1 year, 5 months ago

Netflix’s subscriber growth surges in a sign that crackdown on password sharing is paying off

Associated Press  

SAN FRANCISCO — Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, providing the latest sign that a recent crackdown on password sharing and the rollout of a cheaper subscription option are paying off. Money manager Louis Navellier said Netflix now appears “locked and loaded” again after going through a turbulent …

Netflix expands password-sharing crackdown worldwide
1 year, 7 months ago

Netflix expands password-sharing crackdown worldwide

Deccan Chronicle  

SAN FRANCISCO: Netflix on Tuesday expanded its crackdown on users sharing passwords with people beyond their immediate family as it seeks to shore up revenue at the leading streaming television service. Netflix said early this year that more than 100 million households were sharing accounts at the service, "impacting our ability to invest in great new TV and films." As …

Netflix cuts DVD-rental business 25 years after it launched the company
1 year, 8 months ago

Netflix cuts DVD-rental business 25 years after it launched the company

Daily Mail  

Netflix is saying goodbye to physical DVDs 25 years after its mail service disrupted the movie rental industry irrevocably. 'Those iconic red envelopes changed the way people watched shows and movies at home — and they paved the way for the shift to streaming,' a Netflix statement reads. After 25 years, Netflix is saying goodbye to the feature that made …

Netflix to tighten restrictions on password-sharing
1 year, 8 months ago

Netflix to tighten restrictions on password-sharing

Live Mint  

Netflix is set to crack down on US customers who share their accounts with others, with plans to charge such users, in a move that could see an increase in growth in the latter half of the year. The streaming giant has been testing ways to reduce account sharing in Latin America, where it has already rolled out a plan …

Netflix reports a first-quarter burst in subscriber growth
1 year, 8 months ago

Netflix reports a first-quarter burst in subscriber growth

Associated Press  

SAN FRANCISCO — Netflix began the year with another burst in subscriber growth that eclipsed analysts’ projections for the third consecutive quarter, providing further evidence the video streaming service has regained its momentum after a jarring downturn in customers prompted a shake up. Although the subscriber increase was smaller than Netflix has historically reported for the first quarter, it was …

Sept. 29 Marks The End Of An Era For Netflix
1 year, 8 months ago

Sept. 29 Marks The End Of An Era For Netflix

Huff Post  

LOADING ERROR LOADING SAN FRANCISCO — Netflix is poised to shut down the DVD-by-mail rental service that set the stage for its trailblazing video streaming service, ending an era that began a quarter century ago when delivering discs through the mail was considered a revolutionary concept. The DVD service, which still delivers films and TV shows in the red-and-white envelopes …

Netflix to bring down the curtain on its DVD-by-mail service
1 year, 8 months ago

Netflix to bring down the curtain on its DVD-by-mail service

Associated Press  

SAN FRANCISCO — Netflix is poised to shut down the DVD-by-mail rental service that set the stage for its trailblazing video streaming service, ending an era that began a quarter century ago when delivering discs through the mail was considered a revolutionary concept. The DVD service, which still delivers films and TV shows in the red-and-white envelopes that once served …

Netflix to end DVD-by-mail business. Execs explain ‘Love Is Blind’ snafu
1 year, 8 months ago

Netflix to end DVD-by-mail business. Execs explain ‘Love Is Blind’ snafu

LA Times  

Netflix’s DVD-by-mail service is coming to an end. “Our goal has always been to provide the best service for our members but as the business continues to shrink that’s going to become increasingly difficult,” Netflix co-Chief Executive Ted Sarandos wrote in a blog post. Popular Netflix series in the first quarter include action thriller “The Night Agent,” which has drawn …

Disney lays off 7,000 as streaming subscribers decline
1 year, 10 months ago

Disney lays off 7,000 as streaming subscribers decline

Firstpost  

The job cuts follow similar moves by US tech giants dialing back from a hiring spurt that began during the height of the pandemic San Francisco: Entertainment giant Disney said Wednesday it was laying off 7,000 employees, as CEO Bob Iger announced a reorganization of the company he returned to lead last year. “Because things in a very competitive world …

Bob Iger announces 7,000 job cuts at Disney, signals ‘significant transformation’
1 year, 10 months ago

Bob Iger announces 7,000 job cuts at Disney, signals ‘significant transformation’

LA Times  

Walt Disney Co. Chief Executive Bob Iger said Wednesday that the Burbank company will shed 7,000 jobs in an effort to save $5.5 billion in costs, marking some of the steepest reductions in the company’s history and the latest sign of Hollywood’s retrenchment. Iger singled out so-called general entertainment content — shows that exist outside Disney’s signature brands — as …

Netflix’s 4Q subscribers surge, long-time CEO passes baton
1 year, 11 months ago

Netflix’s 4Q subscribers surge, long-time CEO passes baton

Associated Press  

Netflix’s subscriber growth is surging again, providing an early sign that its shift to include ads in a cheaper version of its video streaming service is helping to combat tougher competition and attract cost-conscious customers grappling with inflation. “Frankly, more and more, they have already been leading the company.” Insider Intelligence analyst Paul Verna interpreted the new leadership as another …

Netflix nights still come wrapped in red-and-white envelopes
2 years ago

Netflix nights still come wrapped in red-and-white envelopes

Associated Press  

SANTA CRUZ, Calif. — Netflix’s trailblazing DVD-by-mail rental service has been relegated as a relic in the age of video streaming, but there is still a steady — albeit shrinking — audience of diehards like Amanda Konkle who are happily paying to receive those discs in the iconic red-and-white envelopes. “When you open your mailbox, it’s still something you actually …

Netflix rebounds from recent subscriber losses with 3Q gain
2 years, 2 months ago

Netflix rebounds from recent subscriber losses with 3Q gain

Associated Press  

SAN FRANCISCO — Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time. Netflix now boasts 223 million subscribers, enabling the company to at least temporarily reclaim the mantle as the world’s …

Netflix gains 2.4 million subscribers, reversing losses
2 years, 2 months ago

Netflix gains 2.4 million subscribers, reversing losses

CBS News  

Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time. The Los Gatos, California, company disclosed Tuesday that it picked up 2.4 million subscribers during the July-September period, a comeback from a …

Netflix sets $7 monthly price for its ad-supported service
2 years, 2 months ago

Netflix sets $7 monthly price for its ad-supported service

Associated Press  

SAN RAMON, Calif. — Netflix next month will unveil the first version of its video streaming service with ads, giving cost-conscious viewers a chance to watch most of its shows at a steep discount in exchange for putting up with commercial interruptions. Netflix’s ad-supported option will also be rolling out in Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, …

As streaming services get frugal, programming changes throw Hollywood creators for a loop
2 years, 4 months ago

As streaming services get frugal, programming changes throw Hollywood creators for a loop

LA Times  

Welcome to the Wide Shot, a newsletter about the business of entertainment. An HBO Max spokesperson said: “Live-action kids and family programming will not be part of our programming focus in the immediate future, and as a result, we’ve had to make the very difficult decision to end ‘Gordita Chronicles’ at HBO Max.” It’s worth noting that streaming services aren’t …

Disney+ Hotstar Adds 8.3 Million Subscribers, Hits 58.4 Million Users
2 years, 4 months ago

Disney+ Hotstar Adds 8.3 Million Subscribers, Hits 58.4 Million Users

News 18  

Disney+Hotstar has added 8.3 million subscribers in the company’s third fiscal quarter that ended on July 2, reaching 58.4 mn subscribers in India and Southeast Asia. The Walt Disney Company also updated subscriber guidance for Disney+ Hotstar, to up to 80 million subscribers by the end of its fiscal 2024. Overall, Disney+ subscriptions went up to 152.1 million for its …

Disney tops Netflix in streaming subscribers, raises prices for ad-free options
2 years, 4 months ago

Disney tops Netflix in streaming subscribers, raises prices for ad-free options

The Hindu  

Walt Disney Co edged past Netflix Inc with a total of 221 million streaming subscribers at the end of the most recent quarter and announced it will launch a Disney+ option with advertising this December. Disney+ with ads will cost $7.99 per month, the same price the company now charges for the ad-free version, Disney said in a statement on …

Disney edges past Netflix in streaming battle
2 years, 4 months ago

Disney edges past Netflix in streaming battle

Al Jazeera  

It had staked its future on building a streaming service to rival Netflix as audiences moved to online viewing from traditional TV. Walt Disney Co edged past Netflix Inc with a total of 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials. The Mouse House added 14.4 million …

Disney+Hotstar is more popular in India: Know-why?
2 years, 4 months ago

Disney+Hotstar is more popular in India: Know-why?

India TV News  

Disney+Hotstar has reportedly announced that they have added 8.3 million subscribers in the third fiscal quarter, which ended on July 2, and has personally reached around 58.4 million subscribers in India and Southeast Asia. The Walt Disney Company also updated the subscriber guidance for Disney+ Hotstar, to up to 80 million subscribers by the end of its fiscal 2024. Overall, …

Disney+ subscribers are going to have to pay more to avoid commercials
2 years, 4 months ago

Disney+ subscribers are going to have to pay more to avoid commercials

LA Times  

Disney and Pixar’s “Lightyear,” which opened in theaters and is now on Disney+. The company’s key streaming service added 14.4 million subscribers during its third fiscal quarter, bringing its global total to 152.1 million. Disney said its direct-to-consumer segment, which includes Disney+, Hulu and ESPN+, lost $1 billion during the quarter, compared with a loss of about $300 million during …

Netflix loses another 1 million subscribers in just three months
2 years, 5 months ago

Netflix loses another 1 million subscribers in just three months

Hindustan Times  

Netflix Inc said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company, but offered a forecast below Wall Street expectations for the current quarter. Netflix had warned in April that it expected to lose 2 million customers in the current quarter, shocking Wall Street and raising questions about its long-term growth …

Netflix's post-Covid slump continues: Streaming giant loses almost ONE MILLION subscribers
2 years, 5 months ago

Netflix's post-Covid slump continues: Streaming giant loses almost ONE MILLION subscribers

Daily Mail  

Netflix shares remain at historic lows after the US streaming giant shed nearly one million subscribers during the Spring due to its 'woke' content and rampaging inflation hurting millions of cash-strapped families in Europe and North America. Netflix shed 970,000 subscribers in April-June 2022 Though shares rose around 7% after the April-June results were published, they are still 66% down …

Netflix Q2 subscriber loss widens, but not as much as feared
2 years, 5 months ago

Netflix Q2 subscriber loss widens, but not as much as feared

The Hindu  

Netflix shed almost 1 million subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, heightening the urgency behind the video streaming service’s effort to launch a cheaper option with commercial interruptions. The April-June contraction of 970,000 accounts, announced Tuesday as part of Netflix’s second-quarter earnings report, is by far the largest quarterly subscriber loss in …

Netflix Loses About 1 Million Subscribers In Q2; Still Less Than Anticipated Loss
2 years, 5 months ago

Netflix Loses About 1 Million Subscribers In Q2; Still Less Than Anticipated Loss

News 18  

Netflix lost almost 1 million subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, heightening the urgency behind the video streaming services effort to launch a cheaper option with commercial interruptions. It could have been far worse, though, considering Netflix management released an April forecast calling for a loss of 2 million subscribers during the …

Netflix: Here is why Netflix lost around 10 lac subscriber
2 years, 5 months ago

Netflix: Here is why Netflix lost around 10 lac subscriber

India TV News  

Netflix: A popular video streaming platform has announced that it has lost around a million paid subscribers in the second quarter of 2022. In an official statement, Netflix said, "The second quarter was better-than-expected on membership growth, and foreign exchange was worse-than-expected, resulting in 9 per cent revenue growth." Netflix said it has 73.28 million paid subscribers in the US …

Netflix loses nearly 1 million subscribers. That's the good news
2 years, 5 months ago

Netflix loses nearly 1 million subscribers. That's the good news

NPR  

Netflix loses nearly 1 million subscribers. In fact, much of Netflix's Q2 report read like an attempt to assure investors and the media world it has learned a lesson from April's news, when the company announced a 200,000 subscriber loss — which sent their stock plummeting 37% in a day, leading to several rounds of layoffs and belt-tightening. But it's …

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