class=”sc-29f61514-0 fQbOYE”>
Netflix has been taking action in several countries against users who have shared accounts at home for several weeks. Additional money has to be paid for this now. Netflix is betting that affected users will choose to pay rather than cancel the service. Netflix currently has a total of 238.4 million paying customers.
This calculation seems to have worked so far. After the US stock market closed on Wednesday, Netflix said sales are now higher than before when the crackdown on passwordless users in every region began.
Overall, sales rose 2.7 percent year-on-year to approximately $8.2 billion (about €7.3 billion). As a result, there was a profit of $1.49 billion after profiting from $1.44 billion a year ago.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
