By 
According to StockApps.com, Netflix reignited its subscriber growth to beat its forecast by 140%. Between July and September this year, Netflix’s subscriber base jumped by 2.4 million people, totaling 223 million in total.
Speaking on the data, StockApps specialist Edith Reads said. “Netflix is overcoming the hard moments it faced during the year’s first half. The subscriber growth gives confidence to investors and other stakeholders.
RELATED: Netflix sees over 180m viewers by 2024 as Disney+ becomes competition
Besides, the company has a strategy instrumental in its continuous growth. Netflix has introduced new affordable plans, such as the Basic with Ads, which will attract more users. The company has also expanded its services to multiple new countries, which will grow its customer base.”
Netflix and Ads
Since the launch of its streaming service, Netflix has avoided advertising. But, business dynamics, such as competition and inflationary increases, have made them cede.
The Remedy for Exchanging Passwords
There will be yet another huge change at Netflix. After discussing a solution for many years, the firm is finally implementing a plan to handle password sharing.
The possibility to import a user’s profile into their Netflix account will be available to people who use other users’ accounts. If they choose to pay for them, the original subscriber can open a sub-account.
Although Netflix has not specified a price for sub-accounts, the move should increase company revenues. Currently, password borrowers are not monetized. It essentially provides the business with a cost-free source of income. The full story and statistics can be found here: Netflix Reignites Its Subscriber Growth to Beat Its Forecast by 140%
