Netflix wins subscribers as ad strategy pays off ...Middle East

Daily Sun - News
Netflix wins subscribers as ad strategy pays off
SAN FRANCISCO: Netflix on Thursday said it added eight million new subscribers in the second quarter, as the home of hit shows “The Crown” and “Bridgerton” posted its latest financial earnings that exceeded analyst expectations.The world’s leading streaming video service said it ended the April-to-June period with a total of 277.7 million subscribers, as net profit dipped to $2.1 billion, but revenue surged to $9.6 billion.The latest numbers rewarded Netflix’s moves to boost revenue after a rough patch in 2022.In a bid to boost sputtering growth, the company launched an ad-subsidized offering last year around the same time as a crackdown on sharing passwords.As part of that effort, Netflix a

Hence then, the article about netflix wins subscribers as ad strategy pays off was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Netflix wins subscribers as ad strategy pays off )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News