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Brazil has more Netflix subscribers than pay TV households: Bernstein - Business Insider

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Brazil now has more Netflix subscribers than pay-TV households, according to Bernstein analysts. Here are 3 takeaways from their report about the key streaming market.

By comparison, Netflix had more than 60 million paying subscribers in the US as of October, when it last broke out the region in its filings.

Netflix's milestone comes as other streaming services look to enter the market. Disney Plus plans to expand into Brazil in November, and HBO Max is eyeing an entry into Latin America.

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