• Bloomberg


After Netflix Inc.’s year got off to the slowest start in nearly a decade, executives dismissed concerns about sagging growth and reiterated their confidence in the streaming giant’s long-term prospects.

The company has suffered a slowdown after pandemic lockdowns sent its membership soaring in 2020, but there’s still plenty of room of grow, Netflix said in remarks after posting its second-quarter results. And the industry remains in the relatively early stages of shifting from traditional television to streaming services, they said.

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