In its most recent earnings report, Netflix shared that it gained 1.5 million subscribers around the world in the last quarter. However, that is a modest gain for the streaming giant, and it lost 400,000 subscribers in the U.S. and Canada.
A recent report from Parrot Analytics shows that global demand for Netflix, in comparison to all the other streamers, dropped below 50% for the first time.
Netflix says that because of the pandemic, the company has been slow to release new original content at the same rate it was before.
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