cross-posted from: https://lemmy.zip/post/1289467
Archived version: https://archive.ph/N1ttl
Archived version: https://ghostarchive.org/archive/qNI1y
4 points
Netflix Second Quarter 2023 Earnings
https://s22.q4cdn.com/959853165/files/doc_financials/2023/q2/FINAL-Q2-23-Shareholder-Letter.pdf
Summary:
- In May, we successfully launched paid sharing in 100+ countries, representing more than 80% of our revenue base.
- Revenue in each region is now higher than pre-launch, with sign-ups already exceeding cancellations.
- Paid net additions were 5.9M in Q2, and today weβre rolling out paid sharing to almost all of the remaining countries.