The streaming giant has bounced back from the loss of 200,000 subscribers a year ago by adding new customers but the number of extra users who are now paying for the service rose by less than expected.
Netflix has announced its long-threatened crack down on password sharing is to begin imminently.
The password sharing crackdown has been trialled by the company but has yet to be rolled out in the UK. In a blogpost the company also announced the end of its DVD-by-mail business - the foundation of its business 25 years ago. The last discs will be posted out on September 29.
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