Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off. Netflix, the dominant player in streaming, added more than 9 million subscribers in the first three months of the year, hitting a record high of 269.6 million subscribers. “It added more subscribers than many analysts, myself included, expected,” said eMarketer senior analyst Ross Benes. “This signals that password sharing was even more common than...
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Netflix announced its strongest start to the year since 2020 thanks to a crackdown on password sharing and the release of popular exclusive films and shows.
The streaming giant said it added 9.3 million subscribers in the first three months of the year.
Netflix made some risky moves last year but it seems to have paid off.
Jodie Comer, Aaron Taylor-Johnson, and Ralph Fiennes are set to star.
Democratic Rep. Nancy Pelosi of California, who has previously served as House speaker and was the first and only woman ever to do so, has a book coming out later this year titled "The Art of Power."The long-serving lawmaker who has been in office since 1987, spent two decades serving as either House speaker or House minority leader.Pelosi, 84, is seeking re-election this year."Pelosi took positions that established her as a prophetic voice on the major moral issues of the day, warning early...
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Netflix's victory lap as the leader in streaming continued Thursday, as the company said it increased its subscriber base by 9.3 million to nearly 270 million in the first quarter. Revenue was up 15% to $9.37 billion in the first quarter, the Los Gatos, Calif., streamer reported. Net income was $2.3 billion, compared with $1.3 billion in the same period in 2023. The company beat Wall Street's estimates on revenue, subscriber additions and net income. Analysts on average had projected that...
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Netflix's password-sharing crackdown appears to be paying off as the company added another 9 million subscribers in the first quarter of this year, bringing the total to almost 270 million paid accounts.