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Churn is “low” in the region

Latin America: In Q3, Netflix surpassed the 1 million subscriber mark in Latin America, and the company is seeing the benefit of expanding broadband access in the region (Netflix estimates that there are more than 50 million households with broadband internet in the region). Churn is “low” in the region, and Netflix is adding content at a rapid pace, especially in Brazil. For Netflix, the biggest issue in this region is processing payments.

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