Netflix Adds 13M Subscribers In Blockbuster Earnings Report

admin
Netflix Adds 13M Subscribers In Blockbuster Earnings Report
admin 2024/01/24 02:23

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...

Suggested Topics
Want to read more? Browse all categories or view latest topics.