Netflix Adds 13M Subscribers In Blockbuster Earnings Report

Welcome, this is the group to share general streaming TV news and information on streaming TV services, channels and apps.
Post Reply
User avatar
Admin
Site Admin
Posts: 2157
Joined: Wed Jul 03, 2019 6:33 pm

Netflix Adds 13M Subscribers In Blockbuster Earnings Report

Post by Admin » Tue Jan 23, 2024 6:27 pm

The company now has 260 million global subscribers, with its profit margins staying strong.

Image

With the Hollywood strikes in the rearview mirror, Netflix reported a blockbuster quarter, with subscribers surging, and its profit margin staying strong.

The streaming giant reported 13 million new subscribers, with revenue of $8.8 billion and operating income of $1.5 billion. The company had reported 9 million new subscribers last quarter, as its crackdown on sharing passwords continued.

Learn more: @ https://www.hollywoodreporter.com/business/digital/netflix-q4-earnings...


Tech Marvels, Streaming Hacks, and More! Check out ChitChat for a dose of digital brilliance. Click to join the geeky ride! 🚀 #TechTalks

Post Reply
Privacy | Terms | DMCA