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Netflix blamed price increases for missing expectations on subscriptions


tacobell fan

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Netflix cited a price increase and changes to its content slate for lower-than-expected subscribers in the second quarter of 2019. The streaming company also expects competition from rivals like WarnerMedia and Disney in the future.

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It's very fundamental theory, in order to sustain mass market you should price aggressively and competitively, there is no education needed here.  

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