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Netflix Q2 subscriber loss widens, but not as much as feared

Michael Liedtke SAN FRANCISCO (AP) – Netflix shed almost one million subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, heightening the urgency behind the video streaming service’s effort to launch a cheaper option with commercial interruptions. The April-June contraction of 970,000 accounts, announced on Tuesday as part of Netflix’s
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