Netflix Adds 8.8 Million Subscribers in Q4, Cites Competition for Lower U.S. Gains

Netflix beat its forecast for overall subscriber additions for the fourth quarter of 2019, while it brought in fewer than expected U.S. streaming customers. “Our low membership growth in [the U.S. and Canada] is probably due to our recent price changes and to U.S. competitive launches,” the company said in its quarterly shareholder letter.

Source: Netflix Adds 8.8 Million Subscribers in Q4, Cites Competition for Lower U.S. Gains

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