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Tuesday 19 July 2022

Netflix loses nearly 1 million subscribers in Q2 2022; Ad-supported plan coming in early 2023

Netflix has reported its quarterly earnings that reveals that it has earned a revenue of $7.97 billion during the second quarter of 2022, a 9% increase YoY, thanks to 6% year-over-year increase in average streaming paid memberships and 2% year-over-year growth in Average Revenue per Membership. The company said that it lost 970,000 subscribers in … Continue reading "Netflix loses nearly 1 million subscribers in Q2 2022; Ad-supported plan coming in early 2023"

The post Netflix loses nearly 1 million subscribers in Q2 2022; Ad-supported plan coming in early 2023 first appeared on Fone Arena.