SAN FRANCISCO (AP) — Netflix’s subscriber growth is bogging down even before the leading video streaming service confronts high-powered threats from Apple and Walt Disney Co. The latest sign of the challenges the company is facing emerged Wednesday with the release of its third-quarter results. The numbers provided further evidence that Netflix’s salad days may be over, particularly in the U.S., where most households that want its 12-year-old streaming service already have it. Netflix added 6.8 million subscribers worldwide from July through September, below the 7 million customers forecast by the Los Gatos, California, company.
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MICHAEL LIEDTKE / AP, Time: Business
Wed, 10/16/2019 - 7:17pm
Topics: san francisco ap walt september los gatos california april-june haggstrom uncertainty netflix ceo reed hastings there s snow white the seven dwarfs the lion king daniel ives beloved tv the office friends nbc michael pachter co netflix disney u.s u.s the apple nov tv at&t hastings the wedbush securities pachter netflix service million programming streaming year company month shows wednesday months customers quarter lose films analyst start years movies period video future competition worldwide third-quarter latest appeal launch price beginning services causing cancel popular existing
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