Netflix lost nearly 1 million subscribers last quarter

Netflix warned it might lose more subscribers in the second quarter of this year than it did in the first, and that prediction has come true — though it wasn't as bad as feared. The streaming service said it lost nearly 1 million subscribers (970,000 to be exact) in Q2. That's far more than the 200,000-member decline from Q1, but not as bleak as the 2 million Netflix was prepared to part with.