'Squid Game' fuels Netflix profits and subscriber growth_
- 3 tahun yang lalu
'Squid Game' fuels Netflix profits and subscriber growth
Action News37 x ditonton20 Okt 2021
Helped by the breakout hit “Squid Game, ” Netflix on Tuesday reported higher quarterly profit and more subscriber growth than expected. The Korean series, in which characters desperate for money enter a deadly competition, was viewed by 142 million households in its first four weeks — the largest series launch in Netflix history, the company said. The program ranked first in 94 countries, including the U. S. The show’s popularity helped Netflix add 4. 38 million subscribers in the third quarter, up from 2. 2 million a year earlier. Analysts had expected the company would add 3. 78 million paying subscribers in the quarter. The streamer’s revenue rose 16% to $7. 48 billion in the third quarter, compared with a year earlier. Net income was $1. 45 billion, up from $790 million a year earlier, and easily surpassed analyst estimates. The subscriber growth validates Netflix’s strategy of expanding its investment in foreign language titles and local stories. Under the leadership of Bela Bajaria, who was promoted last year to head of global TV, the company has greenlighted such titles as reality dating series “Indian Matchmaking” and German drama “Barbarians, ” which have resonated globally among its 214 million subscribers.“Squid Game” was released Sept. 17. Other popular titles in the quarter included Season 5 of the crime drama “La Casa de Papel, ” seen by 69 million households; and Season 3 of the comedy “Sex Education,
All data is taken from the source: http://latimes.com
Article Link: https://www.latimes.com/entertainment...
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Action News37 x ditonton20 Okt 2021
Helped by the breakout hit “Squid Game, ” Netflix on Tuesday reported higher quarterly profit and more subscriber growth than expected. The Korean series, in which characters desperate for money enter a deadly competition, was viewed by 142 million households in its first four weeks — the largest series launch in Netflix history, the company said. The program ranked first in 94 countries, including the U. S. The show’s popularity helped Netflix add 4. 38 million subscribers in the third quarter, up from 2. 2 million a year earlier. Analysts had expected the company would add 3. 78 million paying subscribers in the quarter. The streamer’s revenue rose 16% to $7. 48 billion in the third quarter, compared with a year earlier. Net income was $1. 45 billion, up from $790 million a year earlier, and easily surpassed analyst estimates. The subscriber growth validates Netflix’s strategy of expanding its investment in foreign language titles and local stories. Under the leadership of Bela Bajaria, who was promoted last year to head of global TV, the company has greenlighted such titles as reality dating series “Indian Matchmaking” and German drama “Barbarians, ” which have resonated globally among its 214 million subscribers.“Squid Game” was released Sept. 17. Other popular titles in the quarter included Season 5 of the crime drama “La Casa de Papel, ” seen by 69 million households; and Season 3 of the comedy “Sex Education,
All data is taken from the source: http://latimes.com
Article Link: https://www.latimes.com/entertainment...
#netflix #newsheadlines #kingworldnews #newsworldbbc #bbcnewsworld #newstodaydonaldtrump #squidgame #kdrama #leejungjae #parkhaesoo #wihajoon #netfllix #netflixkr #kimjooryung #upcomingdrama #loversoftheredsky #hospitalplaylist #bluebirthday #checkouttheevent #hometownchachacha #koreandrama #ahnhyoseop #kdramas #lost #shinminah #theveil #dp #kimseonho #shinmina #kdramaedit #thepenthouse #dramakorea #policeuniversity #beautifulgongshim #fyp #bhfyp #daiwa #again #netflix #pesca #northernlimitline #lieafterlie #madforeachother #riverwherethemoonrises #zombiedetective #mouse #shimano #myabsoluteboyfriend #kimyoungsun #redvelvet #seokhoon #dramas #baeinhyuk #parkjihoon #parkboyoung #seoinguk #pentagon #yeri #holly #mbc #southkorea #bangminah #kwonhwawoon #anwooyeon #girlsday #snowball