"Stranger Things" is one of Netflix's top shows.
Mandatory Credit:	Courtesy of Netflix

"Stranger Things" is one of Netflix's top shows.
Mandatory Credit: Courtesy of Netflix

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Netflix is not in deep trouble. It's becoming a media company

Netflix has had a terrible 2022. In April, it said it lost subscribers for the first time since 2011. Its stock has tumbled more than 60% so far this year.