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In the midst of the battle between platforms, Netflix lost a million subscribers

File, the Netflix logo on a smartphone (REUTERS / Given Ruvic)

the streaming platform Netflix announced on Tuesday the loss of some 970,000 subscribers, a number significantly less than the two million expected from the company.

It is the second consecutive quarter of losses for the company, amid the war against fierce competition and stagnant demand.

All in all, the numbers announced today seem to show that the platform has avoided the projected worst-case scenario, with the company even forecasting that it would increase its customers again during the third quarter.

Thus, the shares of Netflix, which have fallen approximately 67% this year due to concerns about future growth, they rose 7% in after-hours trading following the results.


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