People Watched 90 Billion Hours Of Netflix In The Second Half Of 2023 And 183 Billion Hours In Total For The Year - Netflix Engagement Report
Portfolio Pulse from Benzinga Newsdesk
Netflix reported that people watched 90 billion hours of content in the second half of 2023, totaling 183 billion hours for the entire year. This high engagement indicates strong user retention and content consumption.
May 23, 2024 | 5:10 pm
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Netflix reported 90 billion hours of content watched in H2 2023, totaling 183 billion hours for the year. This high engagement suggests strong user retention and content success, likely boosting investor confidence.
The reported high engagement metrics indicate that Netflix's content strategy is effective, leading to strong user retention and potentially higher subscription revenues. This positive performance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100