Comment on Netflix Gains Six Million Subscribers After Password Sharing Crackdown

Halvo317@lemmy.world ⁨1⁩ ⁨year⁩ ago

• fer0n@lemm.ee ⁨1⁩ ⁨year⁩ ago

  Not what the article states:

  According to Netflix, revenue is up in every region where paid sharing was introduced, and sign-ups have exceeded cancelations. The company saw revenue growth of 2.7 percent year over year.

  source

  • Maajmaaj@lemmy.ca ⁨1⁩ ⁨year⁩ ago

    Here’s a lemmy post with a link to an msn article, that states that Netflix lost money.

    lemmy.world/post/1818862

    source

    • fer0n@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Also not true, the article states it didn’t win as much as shareholders expected. That’s what the article you linked to says:

      Its nearly 6 million subscriber additions outpaced the 1.9 million that Wall Street expected.

      Quarterly revenue climbed 2.7% from a year earlier to $8.2 billion, shy of analyst forecasts of $8.3 billion.

      source

      • Maajmaaj@lemmy.ca ⁨1⁩ ⁨year⁩ ago

        Cool, I’m wrong. It’s still fuck Netflix over here though.

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    • ImFresh3x@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      I like it when people correct themselves. I like it a lot.

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• Ghostalmedia@lemmy.world ⁨1⁩ ⁨year⁩ ago

  No, they did not. They continued to grow. They’re a publicly traded company and all of the details were just reported out.

  source

  • 1chemistdown@kbin.social ⁨1⁩ ⁨year⁩ ago

    Just finished reading Reuters and AP, and they both agree that Netflix added 6 million in areas of cheap subscription and no crackdowns vs losses in USA and UK.

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