Netflix says advertising tier subscriptions have gained traction in recent months
Portfolio Pulse from
Netflix's ad-supported subscription tier has reached 70 million global monthly active users, showing significant growth from 40 million in May. This highlights the success of Netflix's advertising strategy.
November 12, 2024 | 10:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Netflix's ad-supported subscription tier has grown to 70 million global monthly active users, up from 40 million in May. This indicates strong growth in Netflix's advertising business.
The increase in users for Netflix's ad-supported tier from 40 million to 70 million suggests a successful expansion of its advertising business. This growth is likely to positively impact Netflix's revenue and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100