Netflix adds 9 million subscribers in third quarter despite Hollywood strikes
by Wendy Lee, Los Angeles Times
Oct 18, 2023
2 minutes
Netflix added 9 million subscribers during the third quarter, the Los Gatos, Calif.-based streaming video giant said Wednesday, citing popular original shows and older licensed content, as well as the company's crackdown on password sharing.
Revenue was $8.5 billion in the quarter, up 8% from the same period of time last year, which was in line with analyst estimates. Net income was
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