Netflix made some risky moves last year but it seems to have paid off.
The streaming giant said it added 9.3 million subscribers in the first three months of the year.
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...
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...
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.
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.
Netflix Co-CEO Greg Peters says internal viewership data from before and after the implementation of paid password sharing shows the new policy has not turned off viewers, as some had initially predicted it would. The company on Thursday reported a year-over-year jump of 9.3 million subscribers in the first quarter, in part due to the […]
You can share your wifi password from practically any device that's connected to the network. This guide shows you how to share wifi passwords from iPhone, iPad, Mac, Android, and Windows devices.
The Marvel Cinematic Universe has more than a few projects in development. As such, it can be difficult to keep track of. One such Disney Plus project, that many Marvel fans thought was being discarded entirely, is actually not being cancelled as previously believed. Disney CEO Bob Iger has already been shifting the focus of []
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It has been hard to find physical copies of director Michael Lindsay-Hogg’s 1970 Beatles documentary Let It Be in the years since its theatrical release, but Disney Plus is getting ready to debut a remastered version of the film. Disney Plus announced today that Let It Be — a chronicle of the Beatles recording their Let It Be album in 1969 before breaking up the following year — will stream on May 8th. Like the docuseries The Beatles: Get Back, Let It Be will feature original film footage...
Netflix has bought game studios and made other investments, but it's playing at a "high-stakes table" with rivals like Sony and Microsoft.