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submitted 1 year ago by fer0n@lemm.ee to c/moviesandtv@lemmy.film
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[-] Halvo317@lemmy.world 5 points 1 year ago

They lost subs in areas with the password crackdown and picked up subs in lower cost areas. They earned less.

[-] fer0n@lemm.ee 7 points 1 year ago* (last edited 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.

Edit: I think you‘re right about them loosing subs in areas of the crackdown and winning even more in new areas. It’s not 100% clear in this article (but apparently more so in Reuters‘).

[-] Ghostalmedia@lemmy.world 4 points 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.

[-] 1chemistdown@kbin.social 7 points 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.

this post was submitted on 20 Jul 2023
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