Netflix gained 8.76 million subscribers in the third quarter of 2023. With this, the company surpassed 247 million customers worldwide. Namely, the information is from Variety.
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In total, the company has 247.5 million users, an increase of 3.4% compared to the previous quarter, when there was also a strong increase in the number of subscribers.
The financial results also reflected the increase in the number of subscribers. The company announced operating profit of US$1.916 billion, 1.37% above expectations. Net revenue in the period was US$1.677 billion, 6.13% above expectations.
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Thus, the company said that the advertising plan was essential for the growth of subscriptions, but also cited the success of productions such as One Piece and Suits as one of the drivers of new subscribers.
After the release of the balance sheet, Netflix shares rose 9.48% in New York. Additionally, Netflix announced today that in the US, prices for the streaming service will increase.
Therefore, the Basic plan continues to exist, going from US$9.99 to US$11.99. The Premium plan goes from US$ 19.99 to US$ 21.99. The Standard with ads and Standard plans will remain priced at $6.99 and $15.49, respectively.
