Netflix Q2 earnings: Streamer is riding high despite actors' strike

📆 19/07/2023 14.44.00
📰 BusinessInsider

⏱ Reading Time:
27 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 51%

Indonesia Berita Berita

Every Hollywood company is having a terrible summer except Netflix, whose global content machine will help it ride out the actors' strike: 'They just aren't worried'

, Netflix signed up 3.5 million subscribers, the service's best month since Antenna started measuring it.

"There's a feeling of, 'We've spent a ton on content, and we were paying a premium they weren't getting before,'" said a producer, referring to Netflix's history of writing big checks to build its content library while also killing traditional Hollywood backend deals, which used to give talent more upside from a project's success. Many writers

Analysts will be looking for more color from Netflix on how subscribers are responding to the password-sharing crackdown and ad tier.

Tulis Komentar

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Netflix Q2 Earnings Preview: Analysts Expect Windfall From Password-Sharing CrackdownNetflix’s move to start broadly monetizing password-sharing users — after years of tacitly allowing the practice with a wink and a nod — could help the streamer beat Q2 2023 earnings targets.
Sumber: Variety - 🏆 108. / 63 Baca lebih lajut »