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Netflix Outdoes Expectations Again, Adding 8M Subscribers In Q2
Netflix added 8 million subscribers in the second quarter, delivering its latest upside surprise to Wall Street.
Netflix added 8 million subscribers in the second quarter, delivering its latest upside surprise to Wall Street, though the company’s stock pulled back on weaker guidance for future revenue. During the quarter, the company hosted its first upfront presentation for advertisers in New York and also planted a flag in live sports, announcing rights to Christmas Day NFL games starting this year. Its core business of delivering original series and films has also been on a steady track, highlighted by a third season for Bridgerton, which has quickly become one of the most-viewed titles in company history.
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