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By yusuf / april 19, 2023
Netflix Now Has 232.5 Million Subscribers Globally
In its latest financial report for the first quarter, Netflix said it has added 1.75 million paid subscribers.
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The numbers come after Netflix introduced its ad-filled option for a lower cost. The ad-supported tier catch pushed the subscriber increase.
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This represents a 4.9 per cent year-over-year increase compared to the challenging first quarter of 2022.
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In the last quarter of 2022, the streaming platform added 7.66m. And now the total count of global paid members stands at 232.5m.
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Subscribers rose 100,000 in the U.S. and Canada, 640,000 throughout Europe, the Middle East and Africa and 1.5 million in the Asia-Pacific region.
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Access to the streaming platform and the slashing of prices helped engagement grow in India by up to 30% year on year.
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