Netflix Sees Slower Subs Growth in Q1
WORLD SCREEN Netflix Sees Slower Subs Growth in Q1 ADVERTISEMENT Netflix missed its target subscriber growth in the first quarter of 2021, adding 4 million net new customers in the period. The global streaming giant had expected to add 6 million net new customers in the period. The company cited “unprecedented membership growth” in 2020 during Covid-19 shutdowns and a lighter content slate in the first half, due to production delays amid the pandemic, as the reason for slower membership growth in Q1. The platform ended the period with 207.6 million paid memberships, a year-on-year growth...