Netflix Users – Going, Going...

They warned Q2 subscriber losses would be bad. But available data shows it may be far worse

WILD RIDE Ted Sarandos and Reed Hastings will be reporting Q2 results on July 19th. (Photo illustration: Sarandos: Andrej Sokolow/picture alliance via Getty; Hastings: Mike Cohen/Getty Images for The New York Times; Joe McBride)

In my huge report card on the streaming wars last week, one number stood out:

Netflix’s churn in America doubled to 4 percent.

As…