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Benzinga
Benzinga
Entertainment
Shanthi Rexaline

Netflix Said To Be Rapidly Losing Support From Longtime Subscribers

Netflix Inc's (NASDAQ: NFLX) troubles seem to be running deeper. The streaming giant is reportedly losing the support of its longtime subscribers as it tries to pull out all the stops to turn around its fortunes.

What Happened:  Netflix subscribers who have been with the company for over three years made up 13% of those who canceled subscriptions in the first quarter, the Verge reported on Wednesday, citing the Information.

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