Netflix beats expectations on profit, subscribers

By Agence France-Presse

Apr 20, 2024 12:14 am

SAN FRANCISCO, California: Netflix topped earnings expectations on Thursday, reporting that profit and subscriber ranks grew as its heavy bet on a rich content lineup paid off amid a crackdown on password sharing.

The leading streaming television service said it gained 9.3 million subscribers in the recently ended quarter, raising the total to 269.6 million.

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