Latest News

Netflix subscribers at record high, password crackdown coming
Netflix subscribers at record high, password crackdown coming
Business and Economy
by  AFP

Netflix on Tuesday said that its number of subscribers hit a record high 232.5 million in the first quarter of the year and that its nascent ad-supported tier was faring well. Market tracker Insider Intelligence forecast that Netflix will bring in $770 million in ad revenue from the new tier this year, and that revenue figure will top $1 billion next year.