Netflix Loses Nearly 1 Million Subscribers Between the Month of April and July

Netflix Tests Feature To Limit Password Sharing!

Netflix lost almost 1M subscribers between April and July, as the number of people quitting the service accelerated. The company also faces fierce competition from the likes of Apple TV, HBO Max, Amazon Prime and Disney+.

The subscriber losses reported on Tuesday were the biggest in the firm’s history, with the US and Canada home to the highest number of cancellations in the quarter, followed by Europe.

[Via]

Download NBW: Short news app created for busy professionals like you

Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download NBW App (Android, iOS)

Sign Up for NextBigWhat Newsletter

Daily.