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Here’s why Netflix is facing huge loss of subscribers

Published: 23rd April 2022 06:01 PM  |   Last Updated: 23rd April 2022 06:02 PM  

#Netflix on April 19th reported the biggest loss of subscribers for the first time in over 10 years. Netflix's customer base fell by 200,000 subscribers during the January-March period. The company’s stock tumbled a massive 26 per cent on Tuesday, erasing more than $40 billion from its stock market value.

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