Netflix is back to growing after a nightmare year of losing subscribers | CNN Business

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After two quarters of bleeding subscribers, Netflix appears to be back on track – in a big way

The streaming company reported Tuesday that it notched 2.4 million subscribers in the third quarter of 2022 — a number that far exceeded expectations of 1 million subscribers. In more good news, it said it will likely add 4.5 million subscribers for the fourth quarter, which also is ahead of what investors were expecting. In short, Netflix\n \n is seemingly back to growing after watching its stock and reputation take a hit all year due to subscriber losses.

Netflix needed to show investors that it could bring in more money as its subscriber growth was seemingly slowing. Offering a cheaper advertising plan was the one way to potentially do that. “As we’ve been discussing over the past few quarters, improving our pricing strategy is an important near-term focus,” the company wrote Tuesday. It noted that the “reaction from advertisers so far has been extremely positive.

 

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Commieflix?

Thank God for airport viewing figures 😉

Go woke. Go broke.

CNN is the most reliable name and news. Brian Stelter is my favorite. He always has the best sources and they’re reliable. Don lemon is second in my book. Love watching that guy in the evenings. Can we get back to the propaganda already

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I am not sure where they calculated the loss of Russian subscribers.

Yawn!

Speakimg of losing viewers...

I don't know how/why when they're releasing such poor quality content.

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