Netflix is the dominant streaming service. So why is it changing its model?


by AOL.com

AOL.com— Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling.

Entrepreneur—Netflix's financial report highlights the success of the streaming service. Netflix's financial report highlights that 9.33 million subscribers have joined the streaming service. Today, Netflix reported its first-quarter earnings report, and there is a lot for the content giant to

Neowin—Netflix added over 9 million more subscribers to its streaming service in Q1 2024. Netflix announced it had added 9.33 million subscribers to its streaming service worldwide in the first quarter of 2024, as it brought in $9.37 billion in revenue for that time period.

The Guardian—Netflix profits surge as streaming service adds 9.3m subscribers in latest quarter. Company says ‘we’re off to a good start in 2024’ as net income jumps 79% to $2.3bn, beating analysts’ expectations Profits at Netflix have surged as the world’s largest streaming service added millions of new paying subscribers.The entertainment giant added 9.3 million subscribers in the latest quarter – more than expected by analysts on Wall Street – leaving it with a record 269.6 million worldwide. Continue reading