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Home Entertainment Netflix shuts its mouth: gaining 2.4 million subscribers, surpassing all forecasts

Netflix shuts its mouth: gaining 2.4 million subscribers, surpassing all forecasts


Netflix presented his results today third quarter 2022. Between July and September gained 2.41 million subscribers around the world, doubling analysts’ forecasts. And best of all, it has grown all over the place.

All those who passed off Netflix as dead should think twice. After a year of crossing the desert, Netflix is ​​gaining subscribers again. Globally, although unevenly. In the third quarter of 2022, he received 2.41 million new usersreaching numbers 223 million.

According to Business Insider, the largest growth has occurred in the Asia-Pacific region, which added 1.43 million new users. But growth occurred in all markets. In the US and Canada, it has grown by 100,000 users.

Netflix comes from combining several quarters of negative numbers. At the end of last year, he started losing over 200,000 subscribers, but lost a million subscribers last quarter.

Why Netflix is ​​gaining subscribers again

Analysts had expected a one million increase in new users this third quarter, which is why the 2.41 million figure is so good. But other years are still far away. In 2021, it hit 4.4 million followers in the same quarter.

This good data also accompanies income data. According to the Business Insider account, the company issued an invoice €7.93 billion compared to the expected €7,837 million, up 5.9% on last year.

Why did this happen? turnover in Netflix subscriptions? Mostly because of the series released during this period. korean series Wu, lawyer extraordinaire, is a huge success worldwide, but is primarily responsible for the aforementioned growth in Asia. The fourth season of Stranger Things and Dahmer also attracted many people.

After a challenging first half of the year, we believe we are on the right track to accelerate growth again.Reed Hastings, CEO of Netflix said.

The main thing is to please the subscribers. We have always been focused on winning the competition to watch it every day. When our series and movies are liked by our subscribers, they tell their friends about it, and then more people watch, join and stay with us.“, Add.

Netflix reaches 2.4 million subscribers in the third quarter of 2022, and for the last quarter wants to add another 4.5 million new customers, as well as revenue of 7,800 million euros. But there are turbulent times ahead: the ad-supported plan will debut on November 10, and the account-sharing ban will go into effect in early 2023.

Source: Computer Hoy

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