Netflix projects its slowest subscriber growth in six quarters, adding 4M subscribers in Q3.
Netflix is projected to report its slowest subscriber growth in six quarters, adding about 4 million new subscribers from July to September. As password-sharing efforts plateau, the company is shifting focus to revenue growth and margins, with Q3 ad revenue expected to hit $242.7 million. To attract advertisers, Netflix plans live events, including a boxing match and NFL games, while the second season of "Squid Game" may boost subscriptions in Q4.
October 15, 2024
40 Articles