Netflix, is known as one of the most popular digital streaming platforms in the world. There are hundreds of TV series and movies in the platform library. This attracts the attention of moviegoers. Finally Netflixpublished its highly anticipated financial report for the first quarter of 2024. Thus, it became clear how much money he earned. At work Netflix number of subscribers and revenue…
Netflix gained nearly 10 million subscribers
NetflixWhen we look at the last report shared by , the company expects to start in the first quarter of 2024. 9.33 million new subscribers We see that he won. At this point, we should point out that this figure is approximately twice the analysts’ estimate. So the company far exceeded expectations. So is it the same on the income side?
According to the report Netflixin the first quarter of the year $9.33 billion earned income. Net profit is $2.33 billion It was announced as. These figures are also above estimates. The company especially United States of America And CanadaIt is stated that there has been a significant increase in .
Netflixannounced that 40 percent of new subscribers prefer the plan with advertising. This is an important source of income for the company. Because it receives payment from companies that want to show ads, and subscription fees from users who want to watch TV series and movies with ads.
NetflixThe steps that will be taken in the coming periods will also affect the income generated by the company. So, what do you think about this issue? Don’t forget to share your opinions with us in the Comments section below.