Netflix hits reverse subscriber losses

Netflix hits reverse subscriber losses

Netflix subscriber loss has started to reverse after being able to add 2.4 million households to its subscriber base over July to September period. 

The streaming giant had experienced subscriber loss amid growing competition in the market and pressures from the rising cost of living. 

Hit shows like Stranger Things and Monster: The Jeffrey Dahmer Story helped bring viewers back to the site. 

Netflix expects subscriber growth to continue in the coming months. The company has started to roll out a number of changes including the launching of a cheaper package that comes with adverts. 

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