Netflix Adds 13M Subscribers In Blockbuster Earnings Report
Posted: Tue Jan 23, 2024 6:27 pm
The company now has 260 million global subscribers, with its profit margins staying strong.
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...
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...