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Netflix says it will no longer share details of subscriber numbers

betanews Friday, 19 April 2024 ()
In a letter to shareholders, Netflix says that it is to stop reporting quarterly membership numbers. The company will, mostly, keep details about subscriber numbers to itself from Q1 2025, it announced. Although Netflix will instead start to report the amount of time users spend on its platform as well as information about revenue growth, the company says that it will still share "major subscriber milestones as we cross them". In its shareholder letter, Netflix also boasts that it is generating very substantial profit and free cash flow. See also: The chance comes, Netflix says, for various reasons. One ofโ€ฆ [Continue Reading]
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News video: Netflix Exceeds Earnings Estimates As Subscribers Increase

Netflix Exceeds Earnings Estimates As Subscribers Increase 01:30

Netflix Exceeds Earnings Estimates , As Subscribers Increase. Netflix Exceeds Earnings Estimates , As Subscribers Increase. Netflix released a Q1 earnings report on April 18, indicating that its number of subscribers jumped 16% year-over-year to reach 269.6 million. Analysts only expected the...

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