Netflix Co-CEO Expresses Concern Over Slower Growth Rate

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-04
Category: entertainment
Source: Jamaica Observer

Netflix co-CEO Ted Sarandos has acknowledged that the streaming giant's growth has fallen below expectations. The company reported a 13.4% growth rate between April and June, its lowest in nearly three years, and a modest 2% rise in viewing hours during the first half of 2026. Sarandos suggested that live shows could provide a boost to future growth.

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