Netflix adds 8 million new paid subscribers in Q2 2024, records $9.5 billion in revenue

Netflix adds 8 million new paid subscribers in Q2 2024, records $9.5 billion in revenue

Netflix, a popular streaming platform, has added 8.05 million new paid subscribers in the second quarter of 2024. 

The company surpasses projected estimates of 5.2 million by 54%. This increase brings Netflix’s global subscriber base to 277.65 million, reinforcing its dominance in the streaming market.

Although considerably lower than the 9.33 million recorded in Q1, 2024, it is still ahead of the curve for its estimated new subscribers. 

Netflix, a popular streaming platform, has added 8.05 million new paid subscribers in the second quarter of 2024. 

The company surpasses projected estimates of 5.2 million by 54%. This increase brings Netflix’s global subscriber base to 277.65 million, reinforcing its dominance in the streaming market.

Although considerably lower than the 9.33 million recorded in Q1, 2024, it is still ahead of the curve for its estimated new subscribers. 

https://nairametrics.com/2024/07/19/netflix-adds-8-million-new-paid-subscribers-in-q2-2024-records-9-5-billion-in-revenue/