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Netflix Subscriber Woes Hint at U.S. Consumer Pushback on Prices

  • Streaming service lost 600,000 U.S. customers after price hike
  • Economists are looking for signs of inflation hurting demand
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Netflix Craters After Shock Subscriber Drop
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Love may be blind, but consumers aren’t. At least when it comes to higher prices.

A couple dollars more a month normally isn’t enough to move the needle, but when Americans are facing the fastest inflation in 40 years, something has got to give. And for 600,000 people in the U.S. and Canada, that something was their subscription to Netflix Inc.