Netflix increases the number of subscribers, revenues increase

Netflix, which has recently taken serious measures on password sharing and introduced an extra member plan for multiple uses, has begun to see the effect of this on the tables. In the second quarter of the year, the platform increased the number of subscribers. How many Netflix subscribers...
 Netflix increases the number of subscribers, revenues increase
READING NOW Netflix increases the number of subscribers, revenues increase
Netflix, which has recently taken serious measures on password sharing and introduced an extra member plan for multiple uses, has begun to see the effect of this on the tables. In the second quarter of the year, the platform increased the number of subscribers.

How many Netflix subscribers?

According to the announced reports, the platform gained around 6 million subscribers in the second quarter of the year, raising the total number to 238.9 million. It has gained such a large subscriber base for the first time in months. The fact that the company canceled the advertising subscription option in 3 countries shows this.

The firm’s quarterly total revenue increased 2.7 percent to $8.18 billion, while net income increased quarter-on-quarter to $1.48 billion. The company, which thinks that the measures taken will increase the effect even more, expects an income of 8.5 billion dollars for the third quarter of the year. Net income will also increase significantly to $1.58 billion.

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