Netflix’s U.S.-Canada paid subscriptions down slightly in Q2

LOS GATOS, Calif. — Netflix’s paid memberships in the U.S.-Canada (UCAN) region shrank by 430,000 in the second quarter of 2021, according to financial results released by the streamer yesterday. Netflix now has 73.95 million paid subscriptions in the UCAN market. The company reported US$3.2 billion in revenue for the UCAN region during Q2 2021, compared to US$2.8 billion in Q2 2020. “As expected, Q2 paid memberships in the UCAN region were slightly down sequentially (-0.4m paid net adds),” reads Netflix’s letter to its shareholders discussing its Q2 2021 financial results. “We believe our large membership base in UCAN coupled...