Netflix knocks Disney+ off perch after summertime subscriber bounce back
Netflix has reversed its recent subscriber losses with a summertime gain – ahead of its launch of a cheaper version of the video streaming service which will include ads for the first time.
It picked up 2.4 million subscribers during the July-September period, the US firm said on Tuesday, marking a comeback from a loss of 1.2 million customers during the first half of the year amid stiffer competition and soaring inflation which is squeezing household budgets.
