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Netflix rebounded following two poor quarters, adding 2.4 million subscribers after previously shedding nearly a million in the second quarter—the streamer’s biggest subscriber drop ever.
The world’s largest streaming service now has 223.09 million subscribers in the third quarter, handily beating its projected 1 million additions.
“After a challenging first half, we believe we’re on a path to reaccelerate growth,” the company said in a letter to shareholders, pointing to the strength of its content in the third quarter as a growth driver.
The majority of Netflix’s subscriber additions came from outside the U.S.
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