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Netflix adds 10mn new paid subscribers as people stay home

Netflix adds 10mn new paid subscribers as people stay home

Leading content streaming service Netflix has added 10.1 million new paid subscribers as people stayed home, as the company reported net earnings of $720 million over $6.15 billion in revenue for its second quarter (April-June period). However, the shares declined nearly 9 per cent in after-hours trading on fears of slow growth in the rest … Read more Netflix adds 10mn new paid subscribers as people stay home