Netflix blames pandemic as it misses growth forecasts

netflix blames pandemic as it misses growth forecasts

Sumary of Netflix blames pandemic as it misses growth forecasts:

  • The company ended the quarter with more than 209m paid memberships and last week received 129 Emmy nominations for shows including The Crown, Bridgerton and The Queen’s Gambit.
  • Analysts are warning that Netflix’s lead is slipping as audiences shift toward rivals including Amazon Prime Video, HBO Max and Walt Disney Company’s Disney+.

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