Tuesday, December 7, 2021
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Netflix U.S. Subscriber Growth Lags

LOS GATOS: In its Q3 results, Netflix revealed that U.S. subscriber additions were below its forecast, pointing to the ongoing transition to chip-based credit and debit cards as a reason for "higher-than-expected involuntary churn." Global membership grew 3.62 million to 69.17 million members, compared to prior year growth of 3.02 million, and a forecast of …

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