Netflix slows as competition heats up

The media services company made the announcement following a report from Truth Initiative, an anti-smoking group. (Source: CNN)
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Netflix slows its roll.
The streaming giant released its third quarter numbers, including new subscriber numbers.
520-thousand new subscribers joined in quarter-3, missing the 800-thousand analysts expected.
And the miss comes after Netflix lost 123-thousand subscribers in the previous quarter.
It indicates Netflix may have maxed out subscribers the U.S where most households that want the 12-year-old streaming service already have it.
The slowing growth comes as competition is about to heat up dramatically with new options from traditional media companies.
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