Cynthia Littleton Business EditorThe message from Reed Hastings and Ted Sarandos was crystal clear: Don’t expect Netflix to jump into the media M&A frenzy just because everyone else is.Netflix’s co-CEOs exhibited their usual cool confidence on Tuesday during a 41-minute video interview to discuss the company’s second-quarter earnings results.
The numbers showed that Netflix lost 430,000 subscribers in the U.S. and Canada for the quarter. Its short-term global growth projections are slowing some amid the turbulence caused by the pandemic.
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