240
submitted 1 year ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] BrikoX@lemmy.zip 15 points 1 year ago

That was what people said and then did the opposite.

"Netflix added 5.9 million new subscribers in the last three months – almost three times as many as analysts expected – after clamping down on households that were sharing their passwords."

Source: https://www.theguardian.com/media/2023/jul/19/netflix-subscriber-growth-password-sharing

[-] damirK@lemmy.world 7 points 1 year ago

Aren’t those numbers for other territories where they have cheaper plans and no crackdown on sharing?

[-] BrikoX@lemmy.zip 2 points 1 year ago

The number are for total users. And the password-sharing changes are now global as far as I know.

[-] reddig33@lemmy.world 4 points 1 year ago

Where are the separate numbers just for North America? Do they release those? Or do they just mix it all together to obfuscate what happened after the last price raise?

[-] BrikoX@lemmy.zip 3 points 1 year ago

Netflix Second Quarter 2023 Earnings
https://s22.q4cdn.com/959853165/files/doc_financials/2023/q2/FINAL-Q2-23-Shareholder-Letter.pdf

Summary:

  • In May, we successfully launched paid sharing in 100+ countries, representing more than 80% of our revenue base.
    • Revenue in each region is now higher than pre-launch, with sign-ups already exceeding cancellations.
    • Paid net additions were 5.9M in Q2, and today we’re rolling out paid sharing to almost all of the remaining countries.
this post was submitted on 10 Aug 2023
240 points (98.8% liked)

World News

32075 readers
859 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS