Free Netflix Promo Coming In December, After Subscriber Numbers Slow
Published
Oct 20 2020 at 9:51 PM GMT
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- Netflix has released its earnings report for the latest quarter, and despite the pandemic still keep people at home, user growth slowed down compared to previous financial periods.
- To help improve matters, Netflix has also confirmed a new promotion where anyone can watch Netflix's content for free.
- Netflix added 22 million paid subscribers during the quarter, which is down sharply from 10.09 million subscribers added in the previous quarter and below Q3 2019, when Netflix got 68 million people to sign up for the streaming service.
- Netflix said it expected this downturn, and it pointed out that, for the first nine months of 2020, the company added 28.1 million paid memberships.
- For comparison, that number is greater than the total number of new subscribers for all of 2019 (27.8 million).
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- Published Oct 20, 2020 9:51 PM GMT