This piece discusses Netflix situation in LATAM after their Q1 2023 results, why churn is becoming a standard and what is the future for the platform in the region. It also compares churn trend with other territories, such as the US and Europe.
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With Netflix losing subscriptions again in Latin America, churn is becoming a standard
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The Analyst Team
Juan Villegas
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As part of the media and entertainment team, Juan’s main areas of research are TV & Online Video, covering the Latin American markets.
Juan joined Omdia in July 2021 after two years working at Futuresource Consulting as a research analyst in the Home Electronics team covering devices such as TV sets, media streamers, and home video players. Before entering the market research industry, he worked in the corporate communications sector and politics in his native Venezuela along with freelance content contributions in the music business. Juan holds a licentiate degree in sociology from Andres Bello Catholic University in Venezuela and a master’s degree in marketing from the University of Manchester, UK.
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