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The Los Gatos, Calif., company said Tuesday it gained 2.4 million subscribers in the July-September period, a comeback from losing 1.2 million customers in the first half amid tougher competition and galloping inflation which weighs on household budgets.
Netflix now has 223 million subscribers, allowing the company to at least temporarily reclaim its role as the world's largest video streaming service. Walt Disney Co. eclipsed Netflix in August when it announced its service had 221 million subscribers, a figure that will be updated Nov. 8 when Disney is expected to report summer earnings.
READ MORE: https://www.wkyc.com/article/news/nation-world/netflix-rebounds-from-recent-subscriber-losses/507-e3f6e287-5ad1-4765-9884-b7b55a7c23ed
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