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Several companies have faced similar situations like Netflix. For instance, Disney+ faced a slowdown in subscriber growth in 2021. Similarly, HBO Max and Peacock also experienced slower growth rates. Amazon Prime Video and Hulu have also faced challenges in maintaining subscriber growth.
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Let's jump back to April: Not only did Netflix miss analysts' expectations for subscriber growth by 2.5 million, it lost subscribers for the first quarter ever and announced it would lose more. Netflix's stock lost a third of its value the following day, leaving its share price down $500 dollars from its previous peak. So why did Netflix decide ads would fix this?
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How do you inspire salient ideas and collaborate with your team in a brainstorm session? Use our Mind Map collection to visually organize information...
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