Archive for the ‘David Wells’ Category

Netflix Loses 810K U.S. Subscribers In Third Quarter

Amit Chowdhry | October 24, 2011 | 339 views | Add a Comment
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Netflix, Inc. (NASDAQ:NFLX) has lost a lot of subscribers due to a price hike and after they separated their streaming and DVD businesses. Netflix ended the third quarter with 23.8 million subscribers in the third quarter, which is down about 810,000 subscribers from the quarter before. Netflix forecasted their subscriber base to be at around 24 million.

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