Netflix announced its financial results for the second quarter of 2024. The company revealed it added over 8 million new subscribers worldwide for its streaming service, blowing away expectations.
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Netflix announced it had added 9.33 million subscribers to its streaming service worldwide in the first quarter of 2024, as it brought in $9.37 billion in revenue for that time period.
Netflix announced that the premium streaming service had added a huge 13.12 million new subscribers in the final quarter of 2023, for a total of 260.8 million paid subscribers worldwide.
Netflix will be raising prices once again on both its Basic and Premium plans in the US. The basic plan will go up to $11.99 a month and the Premium plan will now be $22.99 a month
Netflix's password sharing crackdown is set to be rolled out globally. The streaming service will charge extra to viewers watching from locations other than the set primary residence.
