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So whats behind this gloomy quarter for the company?
We think Q2s content slate drove less growth in paid net adds than we anticipated, the streamer said.
Netflix Is Losing U.S. Subscribers for the First Time in Eight Years
After years of unchecked growth, Netflix saw its subscriber base decrease in the United States this spring — the first time that has happened since the Qwikster debacle of 2011.
