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19: Billionaires are Strange Creatures

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Do you think offering yearly subscriptions reduces churn? Or does it just reduce the total revenue coming from people who would paying a monthly fee? It's interesting to see disney plus offering a yearly subscription while net flix doesn't. And i'm wondering if adding the option would be in the netflick strategy book now that subscriber numbers are falling. We're not going to get to all of them because we get so many letters. Thank you for sending them.

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