Netflix’s (NFLX) Q3 subscriber growth estimates topped expectations following a slow start to the year — but there could be still be trouble looming for the streaming platform as controversies flare. Net subscriber additions totaled 4.38 million versus the 3.72 million expected. This represented a significant rebound from the second quarter, when just 1.5 million new paying users joined the streaming service. A particularly strong content slate helped fuel subscriber momentum, but not even… Source link
Read More »Top Netflix Hit ‘Squid Game’ Sparks Korean Media Stock Surge
(Bloomberg) — The latest smash hit from the Korean entertainment world “Squid Game” is also proving popular with investors, who have been snapping up shares of at least two companies related to the thriller series. Most Read from Bloomberg A dramatized survival game in the vein of “Hunger Games,” the show currently tops the global rankings on Netflix Inc., and is the first Korean drama to claim the No. 1 spot in the U.S. on the service, according to data from streaming ratings firm… Source link
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