Netflix Adds 5.9M Subscribers In Q2, More Than Doubling Expectations; Effort To Limit Password Sharing Expands To Most Of The World

Netflix added 5.9 million global subscribers, with a new fee for password sharing pushing subscribers to the $7-a-month plan with advertising.

July 19, 2023 · 1 min · 76 words · Justin King

Analysts had expected $8.6 billion.

Need the comeback expressed in a single stat?

Free cash flow totaled $1.339 billion in the current-year second quarter.

Netflix

Netflix headquarters in LAMega

A year ago, it was $13 million.

We expect revenue growth will accelerate in the second half of 2023 as monetization grows.

We respect the writers, and we respect the WGA.

We couldnt be here without them, he said.

We can probably serve our members better than most.