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Netflix says subscribers spend two hours a day on the platform
One hour is probably just spent browsing.
“Programming for such a large, engaged audience, with so much variety and great quality, is hard,” Netflix’s letter to investors says. During an earnings call on Thursday, Netflix co-CEO Greg Peters confirmed that the platform is planning to roll out the redesign it began testing over the summer. As streaming services add other forms of revenue, like advertising and paid sharing, subscriber growth is becoming a less important figure.
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