Netflix today reported its second quarter earnings for 2019, and has subsequently dropped over 10 percent in after-hours trading. Netflix reported global net new subscribers of 2.7 million, far below its guidance of 5 million. This comes as Netflix will soon face increased competition from the likes of Apple, HBO, and Disney.
The post Netflix reports drop in US subscribers as competition from Apple and Disney looms appeared first on 9to5Mac.
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