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Netflix Beats Estimates to Reverse Subscriber Slump, Says Ad-Supported Plan to Attract 4.5 Million Subscribers

Netflix on Tuesday announced that the streaming service had reversed losses in subscribers reported in the previous quarter, adding 2.4 million new subscribers worldwide in Q3 2022. The service said that it expects its recently announced ad-supported streaming option to bring 4.5 million new subscribers to the service by the end of 2022.

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