Netflix reported the loss of almost a million paid subscribers in the second quarter

Netflix reported the loss of almost a million paid subscribers in the second quarter

In the second quarter of this year, Netflix, which provides strimming media services, was previously projected to lose about 2 million users worldwide, but the results were more optimistic.

In the second quarter, the total subscription base of the service was reduced by 970,000 to 220.7 million worldwide, with independent experts from Wedbush Security predicting the departure of 1.5 million users, but similar calculations were not justified either.

The company's loan in the second quarter reached $8 billion, and in the same period last year it was $7.3 billion. In the third quarter, the service expected a decline in revenue to $7.8 billion.

The worst case is in the United States and Canada, where companies were unable to help even the triumphant exit of "Very Strange Business", with the number of subscribers falling by 1.3 million, according to available data, because of the rising cost of subscriptions.

Netflix expects an increase of 1 million subscribers in the current quarter, and the risk factors that may affect the results include a fall in the euro against the assumption that 60% of the company's income comes from outside the United States and expenditures and accounts are recorded in dollars.