Netflix subscriber growth slows as streaming giant flags move into games
Subscriber growth at streaming platform Netflix has slowed, with the company citing COVID-related production delays and a lighter first half slate for 2021 as reasons why subscriber growth in 2021 Q2 was just 1.54 million users.
In a subscriber and financial update, Netflix said that figure was ahead of its one million guidance forecast, however other reports suggest analysts had predicted growth of 1.75 million over the quarter.
For context, the company added 10.1 million subscribers in the second quarter of 2020.