Netflix celebrates 200 million subscribers, moving closer to global streaming domination
Hollywood Breakdown - A podcast by KCRW
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Netflix officially has 200 million subscribers as it exponentially grows during the pandemic. The streamer, which holds more than $15 billion of debt, also says it no longer needs to borrow money. However, all streaming services share the fear of churn, where customers sign up for a service to watch one or two things and then unsubscribe.