Netflix says it added more than 8-million subscribers between April and June 2024, a 37% increase over the same period last year. The streaming service has benefitted from a password-sharing crackdown and the popularity of titles such as Bridgerton and Baby Reindeer.
The company is still financially thriving. Its profit in its latest quarter rose 44% from last year to $2.15-billion. Revenue climbed 17% from last year to $9.56-billion.
🔗 AP