Netflix, which experienced a rapid growth with the effect of the first period of last year’s pandemic, started to slowly return to the old. Growth slowed significantly in the first quarter of 2021 compared to last year.

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How many users does Netflix have?

In the first quarter of the new year Netflix It gained 3.98 million new subscribers in total. It attracted attention with 16 million new subscribers in the same period last year. Of course, such rapid rises also slow down. Netflix With the new additions, it has reached 208 million subscribers in total.

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High subscriber figures also positively affect revenues. The operating profit of the company, which earned $ 7.16 billion in the first quarter, was $ 1.7 billion. In 2019 alone, it was able to generate 1.87 billion operating profit.

A further increase in revenues is expected in the upcoming period. Operating profit will decline slightly. The discovery of the Disney + platform as a serious threat and the participation of numerous new platforms locally started to strain the company. In addition, the increased subscription fees are expected to affect the numbers.

https://www.engadget.com/netflix-q1-2021-201731732.html





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