Netflix reported losing customers for the first time in almost a decade in its most recent financial report, yet it still has 74.58 million users in the US and Canada and 222 million globally. The corporation will go through several changes as it seeks new subscribers and tries to keep the ones it already has in the face of increasing competition. Netflix executives reportedly told employees that the firm will provide a lower, ad-supported plan within the year, providing a cheaper alternative for long-term members to stay in the fold after nearly yearly price hikes. It’s also looking into live streaming to compete with the ever-expanding Disney Plus.
