26th October 2022 7:41:51 PM
8 mins readbody{-webkit-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-moz-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-ms-animation:-amp-start 8s steps(1,end) 0s 1 normal both;animation:-amp-start 8s steps(1,end) 0s 1 normal both}@-webkit-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-moz-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-ms-keyframes
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4 million subscribers after months Of declinesBy: Marisa Dellatto | Forbes[{"selector":"#anim-5f881171-9501-4ed2-9ff0-1d77272b9795","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}][{"selector":"#anim-27ae5ed0-6669-4c08-b830-6a8fce1bd01b","keyframes":{"transform":["translate3d(0px, 185.01979%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.
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0, 1)","fill":"both"}][{"selector":"#anim-5568819d-8e24-44c6-9eb7-d9b48c217125","keyframes":{"transform":["translate3d(0px, -176.03175%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]Netflix gained 2.4 million new paid subscribers in the third quarter of this year.The Top 10The Top 102.4M SUBS2.
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4M subs[{"selector":"#anim-331b5e00-a18a-4293-a3f8-cff5ebb83537","keyframes":{"opacity":[0,1]},"delay":100,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}][{"selector":"#anim-f230b1d3-b00d-48f2-b768-cf1c1bfe6437","keyframes":{"transform":["rotate(-90deg) translate3d(59.41846%, 0px, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":100,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.
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0, 1)","fill":"both"}]NETFLIX“Netflix reported 223.09 million subscribers, up from the 220.67 million it reported in July and 213.56 million in the third quarter of last year.[{"selector":"#anim-60598b82-c4d8-4970-b095-84a8f83d05d1","keyframes":{"opacity":[0,1]},"delay":50,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.
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5 million paid users by the end of the fourth quarter.[{"selector":"#anim-0b6337b2-c84b-4cbd-8610-9e817634017a","keyframes":{"opacity":[0,1]},"delay":400,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}][{"selector":"#anim-dc53bf43-2b44-448d-ba9c-7cbbfc19c022","keyframes":{"transform":["translate3d(-114.45784%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.
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0, 1)","fill":"both"}]RevenueThe company generated $1.4 billion in net income in the third quarter, down nearly 4% from a year ago..See Moreand revenue grew 5.9% to $7.9 billion, both of which beat the company’s forecasts.[{"selector":"#anim-7760724b-fe6a-4575-a6e9-78496f64322c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.
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0, 1)","fill":"both"}]In April, Netflix reported its first subscriber loss in a decade, losing 200,000 subscribers.
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Key BackgroundThe company blamed the suspension of its service in Russia amid the country’s conflict with Ukraine, as well as competition with other streaming services and the “large number of households” that share accounts with each other.[{"selector":"#anim-0b0b51c9-d3e1-4ddb-9ec1-a8a3ff090993","keyframes":{"opacity":[0,1]},"delay":150,"duration":1001,"easing":"cubic-bezier(0.2, 0.6, 0.
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0, 1)","fill":"both"}]More lossesIt suffered another loss of 970,000 subscribers in July.
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Netflix has since said it is exploring ways to monetize people who share one account and crack down on password-sharing, and launched a “profile transfer” feature this week that allows a user to move their data between accounts.[{"selector":"#anim-91e033ad-9753-47f8-9e75-5f289541d463","keyframes":{"opacity":[0,1]},"delay":150,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.
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0, 1)","fill":"both"}]Coming to Netflix for Christmas 2022FALLING FOR CHRISTMASTHE NOEL DIARYHOW TO RUIN CHRISTMAS: THE BABY SHOWER[{"selector":"#anim-9cea1212-f85e-42cb-9a51-dc9cdee8ff34","keyframes":{"opacity":[0,1]},"delay":300,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}][{"selector":"#anim-e06d9b9d-180d-4177-a44d-665c40fbaa93","keyframes":{"opacity":[0,1]},"delay":300,"duration":1200,"easing":"cubic-bezier(0.
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