About This Source - FRANCE 24 English
The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.
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FRANCE 24 English published this video item, entitled “Netflix loses subscribers in North America as pandemic effect wears off • FRANCE 24 English” – below is their description.
Netflix has seen its number of subscribers drop in North America, as the streaming giant faces increased competition from rival platforms. While the company’s global subscriptions rose between April and June, they fell in the United States and Canada. Netflix says it still expects to see growth in the coming months, as more new shows will be released. The company is the largest player in streaming worldwide, but the market has become increasingly crowded, particularly in the US.
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In This Story: France
France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.
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In This Story: Netflix
Netflix, Inc. (NASDAQ: NFLX) is an American technology and media services provider and production company headquartered in Los Gatos, California. Netflix was founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California.