Netflix subscriber depend within the US and Canada dropped by 1.three million over the past three months

Illustration by Alex Castro / The Verge

After Netflix reported dropping subscribers for the primary time in over a decade final quarter, the corporate’s Q2 earnings report revealed the variety of worldwide subscribers dipped by 1 million, together with a drop of 1.28 million within the US and Canada alone between the tip of March and the tip of June. That’s higher than its projection of dropping 2 million worldwide, however the subscriber shortfall within the US and Canada is double the 600,000 drop it reported for Q1. Netflix now reviews it has 73.28 million paid subscribers within the US and Canada and 220.67 million worldwide.

This comes almost per week after Netflix introduced a partnership with Microsoft on its cheaper ad-supported tier that it expects to launch by early subsequent yr. Within the letter,…

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