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Netflix subscriptions rise, fall short of estimates

The Columbian
Published: January 17, 2019, 10:02pm

Netflix subscriptions increased 26 percent to nearly 139.3 million in the fourth quarter, as the streaming giant continued to attract customers and bolster its library of original programming.

Despite the strong results, the company still faces head winds. Netflix will probably lose licensed content from 21st Century Fox and Walt Disney Co. when Disney launches its own streaming service, which will put more pressure on Netflix to harness its original programs to keep subscribers happy.

Netflix also recently announced another price increase.

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